Morgan Stanley raised the firm’s price target on Expedia (EXPE) to $180 from $150 and keeps an Equal Weight rating on the shares. Expedia is executing better and the firm now models 8% room night growth in FY25 while raising its FY25 and FY26 Bookings forecasts by 6% and 8% and EBITDA views by 5% and 7%, respectively. Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today’s best-performing stocks on TipRanks >> Read More on EXPE:
Expedia’s One Key loyalty program is a strategic initiative to drive future growth. A strong liquidity position and commitment to reward shareholders would further enable the travel giant to capitalize on market opportunities while improving the company’s prospects as an investment. Expedia Group, Inc. is a global online travel technology leader that offers nearly everything […]