Wells Fargo Maintains Equal-Weight on Expedia Group, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski maintains an Equal-Weight rating on Expedia Group (EXPE) and lowers the price target from $159 to $155.

February 09, 2024 | 2:52 pm
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Wells Fargo maintains an Equal-Weight rating on Expedia Group and lowers the price target from $159 to $155.
The reduction in price target by Wells Fargo, despite maintaining an Equal-Weight rating, could indicate a slightly bearish outlook on Expedia Group's short-term price movement. This adjustment reflects a reassessment of the company's valuation, potentially due to market conditions or company-specific factors not detailed in the news. Investors might interpret this as a sign of caution, possibly leading to a negative impact on the stock's short-term price.
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IMPORTANCE 75
RELEVANCE 100