Expedia price target raised to $250 from $221 at BofA

BofA raised the firm’s price target on Expedia (EXPE) to $250 from $221 and keeps a Buy rating on the shares following a “clean” Q4 beat amid a “healthy” travel environment. For 2025, Expedia guided to 4%-6% growth for bookings and revenue, which were below the Street at 7% and 8%, respectively, but the difference is partially due to forex moves since November and the firm thinks the “key takeaway is better brand execution under new management,” the analyst tells investors.