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Expedia price target raised to $190 from $135 at Piper Sandler

Piper Sandler analyst Thomas Champion raised the firm’s price target on Expedia (EXPE) to $190 from $135 and keeps an Underweight rating on the shares. The firm notes Expedia Q2 results were better than expected with bookings and revenues 2% and 7% above Street, respectively. Revenue accelerated across all segments.

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