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Expedia Stock Dinged by Bear Note, Competition Concerns

Source: schaeffersresearch.com

Analyst InsightsTravel & Leisure
Expedia Stock Dinged by Bear Note, Competition Concerns

Expedia shares fell 2% to $287.20 after Morgan Stanley initiated coverage with an underweight rating and a $235 price target. The target implies roughly 18% downside from the reported share price, signaling a bearish analyst view on the global travel company.

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