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expedia raises guidance and price target amid strong third quarter performance
Expedia Group Inc. reported a 3% revenue increase to $4.1 billion and a 7% rise in gross bookings to $27.5 billion for Q3 2024, despite macroeconomic challenges. The company raised its full-year guidance, anticipating 6% revenue growth and improved EBITDA margins, while DA Davidson and Mizuho adjusted their price targets to $190 and $165, respectively, reflecting positive market reactions.
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