Analysts Raise Expedia Price Targets After Q4 Beat

By | February 7, 2014

Scalper1 News

Expedia (EXPE) soared over 14% in the stock market today, a day after the online travel agency beat fourth-quarter analyst earnings and sales forecasts on accelerating hotel room night growth and some analysts raised their price targets on the shares. Bellevue, Wash.-based Expedia said it earned 92 cents a share excluding options expenses, amortization and other items, up 46% from 63 cents in the year-earlier quarter and 6 cents above the average Scalper1 News

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