Cantor Fitzgerald Increases Price Target and Estimates of Expedia (EXPE)

Cantor Fitzgerald Increases Price Target and Estimates of Expedia (EXPE)

RSS

Analysts at Cantor Fitzgerald boosted the price target and earnings estimates for online travel agency Expedia Inc (EXPE) on Monday.

Cantor analysts now see shares of Expedia reaching $70, a +18.7% upside from Friday’s closing price of $58.99. The firm maintains a “Buy” rating for EXPE.

Expedia’s earnings estimates were also increased at Cantor following positive channel checks.

Expedia shares were flat in premarket trading on Monday. The stock is up +103.27% year-to-date.

The Bottom Line
Shares of Expedia (EXPE) have a .88% dividend yield, based on Friday’s closing stock price of $58.99. The stock has technical support in the $54-$55 price area. The stock is trading near the 52-week high level of $62 a share.

Expedia Inc (EXPE) is not recommended at this time, holding a Dividend.com DARS™ Rating of 3.4 out of 5 stars.

Be sure to visit our complete recommended list of the Best Dividend Stocks, as well as a detailed explanation of our ratings system here.

Free Updates

Join over 100,000 investors who get the latest news from Dividend.com.

Best Dividend Stocks

Looking for stocks that are poised for growth and pay solid dividends? Visit our list of the:

Best Dividend Stocks

Partner Center

Best CD Rates

Sitting on some extra cash and looking for the most current and profitable CD Rates?

Get The Best CD Rates

14 Day Free Trial

Earn more from your dividend portfolio within the next 14 days.

Sign Up Today