Seeking Alpha

Expedia (EXPE -1.4%) shares slip after Morgan Stanley cuts its rating to Underweight with a...

Expedia (EXPE -1.4%) shares slip after Morgan Stanley cuts its rating to Underweight with a price target of $25, reflecting "growing concern that Expedia’s hotel business faces increasing competitive headwinds," withs Priceline's (PCLN) Booking.com unit potentially taking share. Expedia’s air and packaging business could remain weak due to rising airfares and weak capacity growth.
From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs