Argus lowered the firm’s price target on Expedia to $158 from $171 but keeps a Buy rating on the shares. The company reported solid bookings in Q4 and appears on track to post above-peer-average earnings growth in 2024, the analyst tells investors in a research note. Argus adds that the firm is looking for an accelerated recovery this year with EPS of $12.52, helped by pent-up demand for travel.
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