Morgan Stanley raised the firm’s price target on Expedia (EXPE) to $180 from $150 and keeps an Equal Weight rating on the shares. Expedia is executing better and the firm now models 8% room night growth in FY25 while raising its FY25 and FY26 Bookings forecasts by 6% and 8% and EBITDA views by 5% and 7%, respectively.
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Read More on EXPE:
- Expedia price target raised to $190 from $135 at DA Davidson
- Expedia price target raised to $190 from $145 at Susquehanna
- Expedia price target raised to $165 from $145 at BMO Capital
- Expedia price target raised to $185 from $140 at RBC Capital
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