Truist raised the firm’s price target on Expedia (EXPE) to $210 from $168 and keeps a Hold rating on the shares. The firm cites the company’s “self-help” initiatives such as improved positioning for Vrbo and improving investor sentiment for the target boost. However, Truist keeps a Hold rating on Expedia with “no clear pickup” in U.S. domestic leisure trends.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXPE:
- Expedia price target raised to $234 from $209 at UBS
- Midday Fly By: Tesla reports mixed Q3, Trump in talks for quantum stakes
- LendingClub upgraded, Enphase Energy downgraded: Wall Street’s top analyst calls
- KeyBanc starts Booking with Overweight, Expedia at Sector Weight
- Expedia initiated with a Sector Weight at KeyBanc