Wells Fargo Upgrades Expedia Group to Equal-Weight, Raises Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski upgraded Expedia Group (NASDAQ:EXPE) from Underweight to Equal-Weight and increased the price target from $91 to $159.

January 02, 2024 | 11:46 am
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Expedia Group's stock rating has been upgraded by Wells Fargo from Underweight to Equal-Weight, with a significant raise in price target from $91 to $159.
The upgrade in rating and the substantial increase in price target by a major financial institution like Wells Fargo is a strong positive signal to the market, suggesting improved fundamentals or future prospects for Expedia Group. This is likely to instill confidence in investors and could lead to a short-term increase in the stock price as the market adjusts to the new information.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100