By: Benzinga
UPDATE: Ascendiant Capital Markets Initiates Expedia at Buy on Global Growth in Travel
Ascendiant Capital Markets initiated coverage on Expedia (NASDAQ: EXPE ) with a Buy rating and a $77.00 price target. Ascendiant commented, "We believe that the company's leading position as the world's largest OTA will continue to benefit from an improving travel industry, the increasing trend towards online travel, and high
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