Seeking Alpha

Lazard Capital downgrades Expedia (EXPE) to Neutral from Buy after seeing shares run up 49%...

Lazard Capital downgrades Expedia (EXPE) to Neutral from Buy after seeing shares run up 49% since the company reported Q1 earnings. The firm says a tough Q2 comparable and slowing industry trends pose a short-term risk, while 2013 EPS expectations have ambitiously pushed up past the $4 mark.
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