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Airbnb’s likely expansion into hotel bookings poses a threat to online travel companies, says Deutsche Bank, which nonetheless upgraded Expedia (EXPE) on expected momentum from acquisitions while downgrading Priceline Group (PCLN). Lloyd Walmsley, a Deutsche Bank analyst who covers online travel companies, rates Expedia stock a buy and raised his price target to 130 from 95. Expedia stock, which touched an all-time high of 115 on May 22, was up a Scalper1 News
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