Expedia price target raised to $80 from $67 at Benchmark Co. Benchmark Co. raised its price target for Expedia citing the company's strong Q4 results and keeps a Buy rating on the stock. The firm believes investors should be willing to accept near-term margin compression from higher spending for an anticipated increase in global market penetration and keeps a Buy rating on the stock.
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Expedia Q2 results should beat expectations, says Cantor Cantor's checks point to relative strength in U.S. paid search on Expedia.com in 2Q, along with healthy growth in Hotels.com visitation and improving European room rates. The firm keeps an $82 price target and Buy rating on the shares.