Expedia price target raised to $150 from $143 at BofA

BofA analyst Justin Post raised the firm’s price target on Expedia to $150 from $143 and keeps a Buy rating on the shares following the company’s Q4 report. While weather clouded Q4 bookings, January "looks bright" and Expedia guided to double-digit top-line and bottom-line growth in 2023, the firm tells investors. Expedia also said it plans to buy back stock, which suggests the new CFO is "having an influence on Expedia’s disclosure," according to BofA.