Expedia (EXPE -2.4%) takes on a downgrade from Piper Jaffray to Neutral from Overweight on a...

Expedia (EXPE -2.4%) takes on a downgrade from Piper Jaffray to Neutral from Overweight on a valuation call after EXPE ran up a 67.5% YTD gain. The Street has largely cooled off on Expedia, with only 5 ratings out of 22 now sitting above a Hold.