
Analysts gave mixed opinions on Expedia Group, Inc (NASDAQ:EXPE) post Q1 results. Credit Suisse analyst Stephen Ju maintained an Outperform and lowered the price target from $231 to $225.
The re-rating reflects 1) the decision to ramp marketing across channels as EXPE sees increasing travel demand, 2) product and technology investments, and 3) customer service efficiencies through automation.