Evercore ISI Group Upgrades Expedia Group to Outperform, Raises Price Target to $200
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney has upgraded Expedia Group (NASDAQ:EXPE) from In-Line to Outperform and increased the price target from $135 to $200.
November 17, 2023 | 12:24 pm
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Expedia Group's stock rating has been upgraded by Evercore ISI Group from In-Line to Outperform, with a significant price target increase from $135 to $200.
Analyst upgrades typically lead to positive short-term price movement as they reflect a positive change in the analyst's view of the company's future performance. The substantial increase in the price target suggests a strong conviction in the company's growth potential, which could encourage investors to buy shares.
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