B. Riley Securities Maintains Buy on Expedia Group, Lowers Price Target to $190
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities analyst Naved Khan has maintained a Buy rating on Expedia Group (NASDAQ:EXPE) but lowered the price target from $200 to $190.
May 03, 2024 | 5:15 pm
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NEUTRAL IMPACT
B. Riley Securities maintains a Buy rating on Expedia Group but lowers the price target from $200 to $190.
The adjustment in price target by B. Riley Securities reflects a nuanced view on Expedia Group's future performance. While the Buy rating indicates continued confidence in the company's potential, the reduction in price target suggests adjustments to future performance expectations, possibly due to market conditions or company-specific factors. This could lead to a neutral short-term impact on the stock as investors digest the implications of the adjusted price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100