Expedia’s Growth Outlook: Challenges Ahead?

Susquehanna adjusts price target for Expedia due to challenges in bookings and vacation rentals. Despite lower-than-expected bookings and subdued guidance for Q1, Expedia remains optimistic about revenue growth prospects for 2024. Analysts maintain a neutral rating on Expedia due to balanced risk/reward profile. Challenges in air travel and Vrbo's operations continue to impact the company. Investors closely monitoring Expedia's ability to adapt and capitalize on market trends in the online accommodation space. Adjusted price target indicates expectation for Expedia's long-term value to rise.