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Relief rally for Expedia and peers

Apr. 27, 2018 9:17 AM ETExpedia Group, Inc. (EXPE) StockBKNG, EXPE, TRIP, TRVGBy: Clark Schultz, SA News Editor4 Comments
  • Expedia (NASDAQ:EXPEraces 10.44% higher in premarket trading as investors flood back into the travel stock after sentiment going into the report had turned cautious.
  • Analysts are also exuding confidence in Expedia, with KeyBanc lifting its price target to $140 and Bank of America Merrill Lynch hiking its PT to $137.
  • The online travel sector as a whole is getting a jolt from the Expedia report. Booking Holdings (NASDAQ:BKNG) is up 1.53% premarket, TripAdvisor (NASDAQ:TRIP) is up 1.77% and Trivago (NASDAQ:TRVG) is 2.00% higher.
  • Previously: Expedia higher after strong bookings (April 26)

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