BofA analyst Justin Post raised the firm’s price target on Expedia (EXPE) to $240 from $211 and keeps a Buy rating on the shares after Q2 results beat estimates, Expedia guided to Q3 revenue and EBITDA above Street expectations and raised its FY25 booking growth outlook. Following the report, the firm raised its own bookings and EBITDA estimates for 2025 to account for improving U.S. travel trends.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on EXPE: