Expedia Has ‘All Key Pieces In Place’: Analyst

By | September 22, 2015

Scalper1 News

Online travel firm Expedia (EXPE) got a price target boost from Cowen & Co. on Tuesday after the investment bank pointed to “increased confidence in Expedia’s trajectory” following the company’s purchase of rival travel site Orbitz and growing contributions from its 2013 investment in German hotel search firm Trivago. The U.S. Justice Department granted antitrust clearance last week to Expedia’s $1.3 billion takeover of rival online travel agent Scalper1 News

Scalper1 News