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Expedia price target raised to $217 from $200 at Citi

Expedia price target raised to $217 from $200 at Citi

Citi analyst Ronald Josey raised the firm’s price target on Expedia (EXPE) to $217 from $200 and keeps a Neutral rating on the shares. The firm is “incrementally positive” on shares of Expedia following the better than expected Q4 results, saying the broader travel environment remains healthy. However, Citi looks for improving visibility before recommending Expedia shares.

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