Cantor Fitzgerald lowered the firm’s price target on Expedia (EXPE) to $180 from $190 and keeps a Neutral rating on the shares ahead of the Q4 earnings report on February 6. Expedia’s Q4 results should be solid, with outperformance across key performance indicators, the analyst tells investors in a research note. However, it is unclear if the company can improve growth at VRBO while keeping investment levels stable, the firm says.
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