Expedia

Benchmark has published a report updating on the state of Expedia (NASDAQ: EXPE). According to the report, "Expedia (EXPE-Hold, PT $26) should benefit as travel metrics continue to recover in the face of rising oil prices, rising airfares and a number of geopolitical issues. We believe that the...

In a report published by Jefferies, Expedia's (NASDAQ: EXPE) QTD trends show improving hotels and flat air travel. Jefferies said that overall, the trends for Jan/Feb show that travel demand continued to pick up, with the hotel segment seeing improving fundamentals (ADRs, occupancy) across all...

In its U.S. online travel guide, Piper Jaffray reports that the “outlook for the domestic hotel industry continues to be positive, with Smith Travel research expecting 4%/7% room rate improvement in 2011/2012 from flat in 2010, which should benefit the OTAs.” “Preliminary industry hotel RevPAR in...

In a report published by Citi, Expedia's (NASDAQ: EXPE) rating is being upgraded to Buy. Citi said that an almost 40% correction has created an excellent entry point/valuation level for Expedia, still one of the leading global online travel assets. “Trading at 11X 2011 P/E with a 12% FCF yield,...

Citigroup has upgraded Expedia (NASDAQ: EXPE) from Hold to Buy and maintains its $29 price target.

Jefferies is reiterating its Buy rating on shares of Expedia (NASDAQ: EXPE) “to reflect the attractive risk/reward given: a) Its relatively cheap valuation at ~6x CY11 EBITDA and ~10x FCF b) Double-digit top line growth and c) Early signs of success on some initiatives, which bode well for planned...

Expedia, Inc. (NASDAQ: EXPE) reported in-line 4Q bookings and revenue, “though OIBA and EPS missed our estimates even after adding back $10 mn in one-time item,” Goldman Sachs reports. “Full-year 2011 OIBA growth guidance of mid-single-digit growth compared to our prior estimate of +12%,” Goldman...

Citi is out with its report on Expedia (NASDAQ: EXPE), lowering its price target from $34 to $29. In a note to clients, Citi writes, "$808MM in Revenue came in ahead of Street at $802MM, $175MM in OIBA & $0.32 in Adjusted EPS came in below Street at $189MM and $0.36 respectively (‘tho weather-...

Citigroup has lowered the price target on Expedia (NASDAQ: EXPE) from $34 to $29 and maintains its Hold rating.

Jefferies & Company has lowered the price target on Expedia (NASDAQ: EXPE) from $36 to $31 and maintains its Buy rating.

Piper Jaffray has lowered the price target on Expedia, Inc. (NASDAQ: EXPE) from $28 to $27 and maintains its Neutral rating.

Deutsche Bank is out with its report today on Expedia (NASDAQ: EXPE), downgrading EXPE from Buy to Hold. In a note to clients, Deutsche Bank states, "We are lowering our rating to HOLD from BUY and adjusting our price target to $25 from $33 previously. While Expedia is still positioned to benefit...

Deutsche Bank has downgraded with Expedia, Inc. (NASDAQ: EXPE) from Buy to Hold and has lowered the price target from $33 to $25.

According to Piper Jaffray, Expedia (NASDAQ: EXPE) will report Q4 earnings today after the market close which should be in-line with its expectations. The report notes, “We expect an in line quarter, with bookings deceleration in line with street expectations. Beyond Q4, we expect the company will...

Piper Jaffray has lowered the price target on Expedia, Inc. (NASDAQ: EXPE) from $30 to $28 and maintains its Neutral rating.