Expedia price target raised to $252 from $210 at Truist

Truist analyst Gregory Miller raised the firm’s price target on Expedia (EXPE) to $252 from $210 and keeps a Hold rating on the shares ahead of its Q4 results. Despite a rough stock performance as of late and once again rising investor debates on AI disintermediation risk, the firm is warming up to a company that has shown decent results despite U.S. leisure travel softness, improvement in cost controls, and continued double-digit growth in B2B, the analyst tells investors in a research note.