Expedia's Travel Momentum Grows, But Analysts Await Clearer Signs Of Long-Term Upside

Travel technology company Expedia Group Inc. EXPE reported better-than-expected fourth-quarter earnings. The following are comments by different analysts on the company’s performance.BofA Securities analyst Justin Post reiterated a Buy rating on the shares and raised the price forecast from $221.00 to $250.00.In the fourth quarter, bookings reached $24.4 billion, surpassing the Street’s estimate of $23.2 billion, with continued growth in Vrbo bookings and a slight rebound at Hotels.com. Revenue of $3.18 bil ...