HSBC Maintains Hold on Expedia Group, Lowers Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Meredith Jensen maintains a Hold rating on Expedia Group (NASDAQ:EXPE) and lowers the price target from $166 to $132.

May 07, 2024 | 5:19 pm
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HSBC analyst Meredith Jensen maintains a Hold rating on Expedia Group and lowers the price target from $166 to $132.
The reduction in price target by HSBC indicates a less optimistic outlook on Expedia Group's stock, potentially due to revised earnings expectations or market conditions. This adjustment is likely to influence investor sentiment negatively in the short term, leading to a possible decrease in stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100