DA Davidson lowered the firm’s price target on Expedia (EXPE) to $260 from $294 and keeps a Neutral rating on the shares. The company reported “solid” Q4 results driven by broad-based strength across brands and geographies, but the initial 2026 guide calls for 100-125 bps of further EBITDA margin expansion, which will disappoint some investors, the analyst tells investors in a research note.
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