Scalper1 News
Sometimes less is more. That might be the case for Expedia (EXPE), which is expected to gain more from the sale of its 62.4% stake in eLong, a China-based online travel site, to Ctrip.com International (CTRP) and others for $671 million late last month, says Kevin Kopelman, an analyst for Cowen & Co. In a research report Wednesday, Kopelman raised his price target on Expedia stock to 130 from 118, and he maintained his outperform rating. “ELong Scalper1 News
Scalper1 News