Expedia price target raised to $180 from $160 at Benchmark

Benchmark raised the firm’s price target on Expedia to $180 from $160 and keeps a Buy rating on the shares ahead of the company’s Q4 report due this Thursday after the close. A quick look at consensus suggests the Street has “set a bar we think the company can beat both in 4Q and in 2024,” though expectations are “by no means conservative,” which could limit near-term upside potential, the analyst tells investors in a preview note.