Form 10-Q Expedia Group, Inc. For: Sep 30

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Deutsche Bank Downgrades Expedia (EXPE) to Hold

November 8, 2024 7:25 AM EST

Deutsche Bank analyst Leo Horowitz downgraded Expedia (NASDAQ: EXPE) from Buy to Hold with a price target of $192.00 (from $150.00).

The analyst comments "Expedia's 3Q results were generally mixed with Bookings and Adj. EBITDA marginally ahead, while revenue came in slightly below. Looking out to the 4Q, again, the guidance was mixed with bookings and revenue slightly ahead, while Adj. EBITDA came in slightly below. Expedia deserves credit for making... More