Expedia shares are trading higher amid strength in travel stocks. Wedbush initiated coverage on the stock with a Neutral rating and $116 price target.
Portfolio Pulse from Benzinga Newsdesk
Expedia shares are trading higher as travel stocks gain strength. Wedbush initiated coverage on Expedia with a Neutral rating and a $116 price target.
June 06, 2023 | 6:35 pm
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Expedia's stock is trading higher due to strength in travel stocks and Wedbush's initiation of coverage with a Neutral rating and $116 price target.
The news of Expedia's stock trading higher is directly related to the strength in travel stocks and the initiation of coverage by Wedbush. The Neutral rating and $116 price target set by Wedbush indicate a positive outlook for the stock in the short term, which is likely to result in an upward movement in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100