The "Chart of the Day" is Expedia (EXPE), which showed up on Monday's
Barchart "All-Time High" list. Expedia on Monday posted a new all-time
high of $61.48 and closed +0.58%. TrendSpotter has been long since last
Tuesday at $59.29. In recent news on the stock, Barclays on Nov 20
upgraded Expedia to Equal Weight from Underweight and raised its target
to $60 from $52 due to improving business fundamentals and strategy.
Susquehanna on Oct 26 reiterated its Positive rating on Expedia and
raised its target to $69 from $60 due to positive Q3 results and higher
bookings. Cowen on Oct 26 reiterated its Outperform rating on Expedia.
Lazard Capital on Oct 26 raised its rating to Buy from Neutral on
Expedia and raised its target to $70. RBC Capital on Oct 26 reiterated
its Outperform rating and raised its target to $70 from $59. Expedia
(EXPE), with a market cap of $8 billion, is one of the world's leading
travel services companies.
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