- The shares of Expedia Group (NASDAQ: EXPE) have received a $200 price target from Citi. These are the details.
The shares of Expedia Group (NASDAQ: EXPE) have received a $200 price target from Citi. And Citi analyst Ronald Josey assumed coverage of Expedia with a “Neutral” rating while increasing the price target from $198.
Josey cited the company as a top pick in the Internet sector. And Josey pointed out that the company is a leader in its respective category that continues to innovate with newer products and services by improving people’s lives through convenience, social/entertainment, or travel.
Plus the broader sector is healthy as consumer engagement online continues to be more immersive and grow. Going forward, Josey sees multiple vectors ahead for sustained growth.
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