Expedia surges 15% on strong Q3, analysts lift targets

Expedia surges 15% on strong Q3, analysts lift targets

Expedia shares soared 15% in premarket trading after the company’s Q3 revenue rose 9% year-on-year to $4.4 billion, with adjusted EPS of $7.57 beating estimates. Wells Fargo raised its price target to $272 from $212, while Piper Sandler upgraded the stock to Neutral. Analysts cited improving bookings and signs of an operational turnaround.

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