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Expedia price target raised to $290 from $270 at Morgan Stanley

Morgan Stanley analyst Brian Nowak raised the firm’s price target on Expedia (EXPE) to $290 from $270 and keeps an Equal Weight rating on the shares. After adjusting its model for Q4 results and stronger guidance, the firm raised its FY27 bookings and EBITDA estimates by 4% and 15%, respectively.

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