Expedia price target raised to $95 from $85 at FBR Capital FBR Capital raised its price target for Expedia shares to $95 citing the company's strong quarter and keeps an Outperform rating on the stock.
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.