Morgan Stanley Maintains Equal-Weight on Expedia Group, Raises Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak has maintained an Equal-Weight rating on Expedia Group (NASDAQ:EXPE) and increased the price target from $130 to $135.
November 14, 2023 | 2:20 pm
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POSITIVE IMPACT
Morgan Stanley has maintained an Equal-Weight rating on Expedia Group and raised the price target from $130 to $135, indicating a positive outlook on the stock.
The increase in price target by a reputable analyst like Morgan Stanley suggests a positive sentiment towards Expedia Group's stock. While the rating remains Equal-Weight, the higher price target may lead to increased investor confidence and a potential short-term rise in the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100