Oppenheimer raised the firm’s price target on Expedia (EXPE) to $250 from $210 and keeps an Outperform rating on the shares after management raised 2025 EBITDA guidance 2% on B2B strength, International B2C growing HSD, and improving U.S. The Q3 revenue/EBITDA outlook is 1%/3% above consensus on accelerating July trends, that layers conservatism into tougher August/September comparable sales, Oppenheimer adds.
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