Benchmark analyst Daniel Kurnos lowered the firm’s price target on Expedia (EXPE) to $290 from $310 and keeps a Buy rating on the shares after what the firm calls “a strong end to the year.” After the AI-driven selloff and now based on where shares look to open, Expedia “seems very inexpensive, especially with the World Cup right around the corner,” the analyst tells investors.
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Read More on EXPE:
- Airbnb price target lowered to $145 from $155 at Benchmark
- Expedia price target lowered to $266 from $270 at UBS
- Expedia price target lowered to $315 from $329 at Wells Fargo
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- Balanced Hold on Expedia: Strong B2B-Driven Execution Offset by Persistent B2C Weakness and Valuation Caution
