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Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Expedia Gears Up For Takeoff As Travel Bookings Bounce Back

Expedia

Expedia Group Inc. (NASDAQ:EXPE) is drawing fresh optimism from Wall Street amid signs of a rebound in U.S. travel demand.

Bank of America Securities (BofA) analyst Justin Post reiterated the Buy rating on Expedia Group, with a price forecast of $211.

Post maintains a positive stance on Expedia, noting that a mild recovery in U.S. bookings during the summer and shoulder season could catalyze the stock, which is heavily tied to the domestic travel market.

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