Barclays Maintains Equal-Weight on Expedia Group, Lowers Price Target to $138
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Trevor Young maintains an Equal-Weight rating on Expedia Group (EXPE) and lowers the price target from $158 to $138.
May 06, 2024 | 3:35 pm
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Barclays maintains an Equal-Weight rating on Expedia Group and lowers the price target from $158 to $138.
The reduction in price target by Barclays, a major financial institution, suggests a revised outlook on Expedia Group's stock value, potentially due to anticipated challenges or slower growth. This adjustment is likely to influence investor sentiment negatively in the short term, leading to a possible decrease in stock price.
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IMPORTANCE 80
RELEVANCE 100