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Guggenheim Revisits Booking Holdings After Closing Hotelscombined Acquisition
Tuesday, December 11, 2018 - 4:14pm | 380Online travel agency Booking Holdings Inc (NASDAQ: BKNG) finalized and closed its acquisition of hotel metasearch site HotelsCombined, which prompted Guggenheim to revisit its thesis on the stock. The Analyst Guggenheim Partners' Jake Fuller maintains a Neutral rating on Booking Holdings with...
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Booking Holdings CEO Has Some Winning Travel Tips For Summer Vacation
Saturday, June 9, 2018 - 9:33am | 354The economy is performing well and "people want to go out and enjoy things," Booking Holdings Inc (NASDAQ: BKNG) CEO Glenn Fogel told CNBC Friday. This is especially true for millennials who continue to show a willingness to forgo buying items so they have more money for experiences like...
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Expedia Will Be The Online Travel Space's Outperformer This Earnings Season, Analyst Says In Preview
Tuesday, April 24, 2018 - 4:53pm | 761With the online travel sector on deck to report earnings, D.A. Davidson is holding a bullish stance on just one of the stocks: Expedia Group Inc (NASDAQ: EXPE). The Analyst D.A. Davidson's Tom White: Maintains a Buy rating on Expedia with an unchanged $132 price target. Maintains a...
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Amazon Should Compete With Booking And Expedia, Morgan Stanley Says
Friday, March 9, 2018 - 10:29am | 580Amazon.com, Inc. (NASDAQ: AMZN) dabbled in the online travel space through Local and Destinations but hasn't seen much success — but now the industry is prime for disruption, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Nowak maintains an Overweight rating on...
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Expedia's Challenges May Worsen In 2018, Analyst Says
Thursday, December 7, 2017 - 12:06pm | 435Analysts at MKM Partners see "cyclical and structural uncertainties" for the entire online travel agency group, with many of these woes specific to the U.S. market, which would prove to be a greater headwind for companies with outsized exposure to the domestic market — such as...
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Trivago Takes A Trip From Overweight To Equal-Weight At Morgan Stanley
Thursday, September 28, 2017 - 11:04am | 373Analysts at Morgan Stanley turned bearish on Trivago NV - ADR (NASDAQ: TRVG) amid multiple headwinds ahead. The firm's Brian Nowak downgrades Trivago's stock rating from Overweight to Equal-Weight with a price target slashed from $22 to $12. Triavgo's business model is currently undergoing a...
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'APE' Is The New 'FANG', But What Is 'APE'?
Thursday, June 1, 2017 - 2:02pm | 394Investors are likely familiar with the "FANG" acronym, perhaps even bored with the constant attention the technology group is getting. If that is the case, investors might find the latest group interesting and may well want to monkey it. Welcome, "APE." Speaking to CNBC from the sidelines of the...
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A How-To Guide To Holiday Travel: Hotel Edition
Monday, November 7, 2016 - 2:54pm | 733Traveling can be a stressful experience, but it doesn't have to be. One of the most common concerns among travelers is accommodation - finding a hotel that falls into a budget and is in a convenient location. The online hotel booking market has seen a shift over the past few years in which...
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Why This Analyst Is A Buyer Of GrubHub Into Earnings
Tuesday, July 21, 2015 - 8:49am | 308In a report published Monday, Brean Capital analyst Tom Forte discussed why the recent pullback in shares of GrubHub Inc (NYSE: GRUB) represents a "buying opportunity" ahead of the company's second quarter print (scheduled for July 28). According to Forte, investor concern...
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Macquarie Offers Take On U.S. Online Travel Group
Thursday, June 4, 2015 - 1:58pm | 351In a report published Thursday, Macquarie Capital analyst Tom White analyzed paid and organic search listings on Google.com for over 180 vacation rental markets globally. "The online vacation rental industry is transitioning from a listing/subscription-based revenue model and offline...
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RBC Downgrades TripAdvisor, Prefers Other Names In Online Travel Space
Tuesday, May 5, 2015 - 12:08pm | 334In a report published Monday, RBC Capital Markets analyst Mark Mahaney downgraded shares of Tripadvisor Inc (NASDAQ: TRIP) to Sector Perform from Outperform with an unchanged $91 price target due to a preference in other names within the online travel space and other risks associated with the...