Expedia price target raised to $187 from $166 at Barclays

Barclays analyst Trevor Young raised the firm’s price target on Expedia (EXPE) to $187 from $166 and keeps an Equal Weight rating on the shares post the Q4 report. The company reported a solid finish to 2024 with gross bookings, room nights and revenue all growing double-digits, the analyst tells investors in a research note. The firm says that while the Q1 guidance is a “touch light” on some pull forward into Q4, there may be conservatism baked in for 2025 from the new CFO.