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Like Palo Alto Networks, travel search engine Kayak (KYAK -4.1%) has received a cool reception...

  • Tuesday, August 14, 2012, 11:48 AM ET
    Like Palo Alto Networks, travel search engine Kayak (KYAK -4.1%) has received a cool reception from underwriters: 3 neutral ratings to go with a Buy from Deutsche, which predicts growing consumer awareness, international expansion, and mobile monetization will lead to a 26% revenue CAGR from 2011-14. Morgan Stanley doesn't like the fact Kayak trades at 26x estimated 2013 EPS.
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