Expedia price target raised to $140 from $130 at Mizuho

Mizuho raised the firm’s price target on Expedia to $140 from $130 and keeps a Neutral rating on the shares. The analyst sees the Q4 consensus expectations for 10% sales growth as reasonable, due to the launch of OneKey and easier compares for Vrbo. However, Expedia’s valuation has already reflected that growth rate, the analyst tells investors in a research note.