BTIG lifts Expedia PT as hotel demand strengthens growth prospects

Expedia

25/08/2026 12:32

 ** BTIG hikes PT on online travel company Expedia EXPE.O to $400 from $350; reiterates rating at "buy"
** New PT implies an upside of about 18% to the stock's last close
** Brokerage says mixed website traffic trends at Expedia are being offset by improving hotel demand and firm hotel-air pricing
** Adds stronger hotel demand and room-night trends could help Expedia's Q3 bookings exceed guidance
** 16 of 38 brokerages rate the stock "buy" or above, 22 "hold" - data compiled by LSEG
     ** As of last close, stock up 19.70% YTD

(Reporting by Miraanta Lowrance)