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Expedia price target raised to $250 from $240 at Susquehanna

Susquehanna raised the firm’s price target on Expedia (EXPE) to $250 from $240 and keeps a Neutral rating on the shares. The firm said the business remains generally solid, as seen through the results and outlook, though the macro is creating some uncertainty. They remain constructive on the long-term online hotels and alternative accommodations penetration story.

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