Oppenheimer Maintains Outperform on Expedia Group, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Oppenheimer analyst Jed Kelly maintains an Outperform rating on Expedia Group (NASDAQ:EXPE) but lowers the price target from $175 to $155.

May 03, 2024 | 1:07 pm
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Oppenheimer maintains an Outperform rating on Expedia Group but lowers the price target from $175 to $155.
While the reduction in price target could suggest a more cautious outlook on Expedia's near-term prospects, the maintenance of an Outperform rating indicates a continued positive long-term view on the company by Oppenheimer. This mixed signal could lead to neutral short-term price movement as investors digest both the positive rating and the lowered price expectations.
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IMPORTANCE 75
RELEVANCE 100