Wells Fargo Maintains Equal-Weight on Expedia Group, Raises Price Target to $159
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Equal-Weight rating on Expedia Group (NASDAQ:EXPE) while raising the price target from $130 to $159.

October 08, 2024 | 1:01 pm
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Wells Fargo has maintained its Equal-Weight rating on Expedia Group but increased the price target from $130 to $159, indicating a more optimistic outlook.
The increase in price target from $130 to $159 by Wells Fargo suggests a more positive outlook on Expedia's future performance, which could lead to a short-term positive impact on the stock price. However, the Equal-Weight rating indicates a neutral stance relative to the market, balancing the optimism.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100