Susquehanna analyst Shyam Patil raised the firm’s price target on Expedia to $145 from $120 and keeps a Neutral rating on the shares. The firm said they reported 4Q bookings below expectations due to softness in air and guided 1Q lower on continued air softness and Vrbo challenges. Susquehanna said they remain constructive on the long-term online hotels and alternative accommodations penetration story,
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