Expedia CEO resigns, shares slump on air travel softness
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Citi Reiterates Neutral Rating on Expedia (EXPE), '4Q23 results were mixed'
February 9, 2024 6:08 AM ESTCiti analyst Jason Bazinet reiterated a Neutral rating and $155.00 price target on Expedia (NASDAQ: EXPE)
The analyst comments "Expedias 4Q23 results were mixed. Gross Bookings of $21.7 billion (+6% Y/Y) came in ~1% below consensus, revenue of $2.9 billion (+10% Y/Y) was in-line, and adjusted EBITDA of... More
