Barclays raised the firm’s price target on Expedia to $136 from $128 and keeps an Overweight rating on the shares following quarterly results. Travel demand is holding up for Expedia despite squishy early October trends, the firm says in a research note on Friday. Q4 bookings were guided to stable year-over-year vs. Q3, below Street but comparatively better than OTA peers, likely due to its higher domestic mix being less impacted by the Middle East conflict.
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