Expedia upgraded to Outperform from Market Perform at Raymond James Raymond James upgraded Expedia to Outperform with a $100 price target citing solid room night growth and improving operating leverage following the company's Q2 results.
Expedia enters strategic technology partnership with SilverRail Technologies SilverRail Technologies and Expedia announced a strategic technology partnership to power Expedia's global expansion in the rail business. SilverRail's global rail ticketing platform simplifies the process of accessing multiple rail companies through a standard interface. This will enable Expedia to deliver a simple, consistent search and booking experience to which their customers have become accustomed. Development has already begun, with platform launch expected in 2016.