Barclays Upgrades HomeAway on Improved PPB, Opportunities
January 13, 2014 at 16:28 PM EST
In a report published Monday, Barclays analyst Christopher Merwin upgraded shares of HomeAway, Inc. (NASDAQ: AWAY ) from Equal Weight to Overweight and raised the price target from $34.00 to $48.00 due to improved Pay-Per-Booking (PPB) revenues outlook and multiple opportunities. Merwin commented, "We are upgrading shares of AWAY