Expedia price target raised to $265 from $200 at Susquehanna

Susquehanna raised the firm’s price target on Expedia (EXPE) to $265 from $200 and keeps a Neutral rating on the shares. The firm said 3Q was solid, driven by strength in B2B and B2C. Management indicated that October trends remain solid but is monitoring some uncertainty as it relates to the government shutdown and broader flight cancellations.