Mizuho Maintains Neutral on Expedia Group, Raises Price Target to $130
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst James Lee has maintained a Neutral rating on Expedia Group (NASDAQ:EXPE) but increased the price target from $110 to $130.

January 17, 2024 | 5:22 pm
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POSITIVE IMPACT
Mizuho has maintained a Neutral rating on Expedia Group but raised the price target from $110 to $130, indicating a positive outlook on the company's valuation.
The increase in price target from $110 to $130 by Mizuho suggests an improved valuation of Expedia Group, which could lead to increased investor confidence and a potential short-term rise in the stock price. However, the Neutral rating indicates that the analyst sees the stock as fairly valued at current levels, which tempers the potential impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100