Truist raised the firm’s price target on Expedia (EXPE) to $175 from $163 but keeps a Hold rating on the shares. The firm is adjusting its model following Q4 earnings and continues to view U.S. leisure trends sluggish and increasingly trending down, though it is rolling forward its valuation with 2026 estimates, the analyst tells investors in a research note. Truist adds that it is positive on Expedia’s better setup in vacation rental market share, B2B and international, expense cuts, and revised strategy from the ramping new management team.
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