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Expedia price target raised to $166 from $153 at Barclays

Barclays analyst Trevor Young raised the firm’s price target on Expedia (EXPE) to $166 from $153 and keeps an Equal Weight rating on the shares. The firm says that with a lot of optimism priced into online travel, valuations are looking full. It is below consensus across most key metrics for the group in 2025. It sees a “somewhat mixed setup” for Expedia into 2025.

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