HomeAway price target raised to $53 from $43 at Piper Jaffray Piper Jaffray raised its price target for HomeAway shares to $53 citing the company's strong Q4 results and reiterates an Overweight rating on the stock. Piper attributes the company's lower than expected earnings and EBITDA in Q4 to one-time expenses related to the Stayz acquisition and notes overall listings growth accelerated to 25% year-over-year.
HomeAway call activity attributed to takeover speculation HomeAway November and January 32calls are active on total call volume of 2500 contracts (150 puts) on takeover speculation. December call option implied volatility is at 37, January is at 34,; compared to its 26-week average of 41 according to Track Data. Active call volume suggests traders taking positions for large price movement.