Expedia

Deutsche Bank has lowered the price target on Expedia, Inc. (NASDAQ: EXPE) from $35 to $33 and maintains its Buy rating.

Benchmark is out with its report today on Expedia (NASDAQ: EXPE), previewing EXPE's Q4 10 earnings. In a note to clients, Benchmark writes, "Expedia is set to report 4Q10 earnings on Thursday after the close of the stock market. Expedia could show 12% y/y gross bookings growth leading to 13% y/y...

Expedia, Inc. (NASDAQ: EXPE) should benefit from the ongoing recovery in domestic travel demand in 2011, Benchmark reports. “Revenue margin is likely to see at least some modest expansion through an accelerating ADR recovery and moderating airfare spikes as capacity slowly comes back online,”...

Piper Jaffray released its Internet Content update today with reports on Expedia (NASDAQ: EXPE), and Priceline (NASDAQ: PCLN). Unique users of Expedia (expedia.com, hotels.com, hotwire.com, TripAdvisor network, etc.)were +1% y/y in November. This is a big decline from +9% y/y in October, and +15% y...

Jefferies initiates coverage on Expedia (NASDAQ: EXPE) with a Buy rating and a $36 price target. In its report to investors, Jefferies writes, "Our Buy rating on Expedia reflects a) a robust distribution platform, which leverages strong brand portfolio and the largest audience WW, b) sizable growth...

Jefferies initiates coverage on Expedia (NASDAQ: EXPE) with a Buy rating and a $36 price target.

Expedia, Inc. (NASDAQ: EXPE) reported accelerating 3Q10 transaction growth of 14% y/y, leading to 17% y/y bookings growth, ahead of Benchmark's estimate. “Net revenue of $988 million, up 16% y/y, topped consensus at $944 million as revenue margins recovered,” Benchmark writes. “OIBA growth of 15%...

Expedia, Inc. (NASDAQ: EXPE) gross bookings of $4.4B represented 16% growth, “compared to our 10% estimate and a slight acceleration from 15% growth in 2Q,” J.P. Morgan reports. The acceleration was helped by improved domestic room night growth vs. 2Q, and the company noted that ADR trends were...

Expedia, Inc. (NASDAQ: EXPE) should benefit from steady recovery in global travel demand, with mid-single digit y/y growth in domestic air travel and hotel occupancy in August, and international potentially benefiting from a rebounding Euro, Benchmark reports. “We forecast 10% y/y revenue and OIBDA...

Benchmark has downgraded the Internet sector from Overweight to Market Weight and core internet holdings currently are believed to be Expedia (NASDAQ: EXPE), Google (NASDAQ: GOOG) and Priceline.com (NASDAQ: PCLN). In the report, Benchmark writes "The Internet Holdings Company Depositary Receipts...

Citigroup has reiterated its Buy rating and $28 price target for Expedia, Inc. (NASDAQ: EXPE). This is partially due to the fact that Expedia shares have modestly outperformed the market YTD. Expedia is expected to report on October 28th. Citigroup is looking for revenue of $910MM, OIBA (operating...

Expedia, Inc. (NASDAQ: EXPE) is expected to continue gaining market share through worldwide travel recovery via discounted prices, advertising that allowed its Advertising and Media revenue to grow 39% y/y, according to Benchmark. Expedia reported 10% y/y increase in transaction volume in its 2Q,...

Goldman Sachs upgraded shares of Expedia (NASDAQ: EXPE) this morning from “Neutral” to “Conviction Buy” in addition to going sour on Priceline.com (NASDAQ: PCLN), saying that the company reflects much of the positive trends and momentum already in the sector. Expedia has lagged behind Priceline.com...