Bernstein analyst Richard Clarke raised the firm’s price target on Expedia (EXPE) to $210 from $162 and keeps a Market Perform rating on the shares. The company defied a soft U.S. consumer to report a strong Q2 report, the analyst tells investors in a research note. The firm says Expedia’s business-to-consumer business is back to growth. However, Bernstein finds it hard to see additional share upside from current levels.
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