Expedia price target raised to $235 from $200 at BTIG

BTIG analyst Jake Fuller raised the firm’s price target on Expedia (EXPE) to $235 from $200 and keeps a Buy rating on the shares. The company has closed the gap relative to Airbnb (ABNB) and Booking Holdings (BKNG) last year, putting share loss narrative to rest, the analyst tells investors in a research note. Expedia’s new disclosures buried in 10K also yield insight into segment-level expenses and drivers of FY25 margin expansion, the firm adds.