Evercore ISI Group Maintains Outperform on Expedia Group, Lowers Price Target to $175
Portfolio Pulse from Benzinga Newsdesk
Evercore ISI Group analyst Mark Mahaney maintains an Outperform rating on Expedia Group (NASDAQ:EXPE) but lowers the price target from $190 to $175.
May 03, 2024 | 4:11 pm
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Evercore ISI Group maintains an Outperform rating on Expedia Group but lowers the price target from $190 to $175.
The adjustment in price target by Evercore ISI Group, while maintaining an Outperform rating, suggests a continued positive outlook on Expedia Group's performance but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock as the market digests the revised target amidst ongoing bullish sentiment.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100