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Expedia price target raised to $300 from $260 at B. Riley

B. Riley raised the firm’s price target on Expedia (EXPE) to $300 from $260 and keeps a Buy rating on the shares. The company reported strong Q3 results with better than expected growth in revenue, bookings, and booked nights, along with higher margin leverage, the analyst tells investors in a research note. The firm sees an attractive valuation at current share levels.

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