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MrWhy.com » Videos » UBS Lowers Its PT For Expedia, Maintains Netural Rating (EXP |
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UBS Lowers Its PT For Expedia, Maintains Netural Rating (EXP
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UBS Lowers Its PT For Expedia, Maintains Netural Rating (EXP
UBS lowered its price target for Expedia Inc (NASDAQ:EXPE) to $25 from $27 and maintained its neutral rating on the company.The bank cited the travel website’s ongoing dispute with American Airlines as a drag on air transaction growth, expecting bookings to be 10% to 15% lower year-over-year since AMR left or was pulled from the website.Expedia has a potential upside of 21.9% based on a current price of $22.58 and an average consensus analyst price target of $27.53.
Video Length: 0
Date Found: March 31, 2011
Date Produced: March 31, 2011
View Count: 0
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