HomeAway downgraded to Neutral from Overweight at JPMorgan JPMorgan downgraded HomeAway to Neutral on expectations increased marketing spend could result in lowered guidance in Q2. The firm dropped its price target for shares to $38 from $49.
Expedia outlook has improved, says Cantor After meeting with Expedia's management, Cantor says it's more upbeat on the company's growth prospects, profitability and competitive positioning than previously. The firm is more bullish than ever on Expedia's opportunity to benefit from the HomeAway deal. Cantor reiterates a $150 price target and Buy rating on Expedia.