Expedia price target raised to $209 from $182 at UBS

UBS analyst Stephen Ju raised the firm’s price target on Expedia to $209 from $182 and keeps a Neutral rating on the shares. Expedia (EXPE) accelerated Room Nights growth to 7% year over year, is in-line with Airbnb’s (ABNB) Nights/Seats Booked growth in the same quarter, though Expedia is continuing its recovery from several product-driven headwinds and should arguably be growing faster, the analyst tells investors in a research note.