Expedia Group Inc. (NASDAQ:EXPE) is one of the Iran Peace Deal Sends Oil Lower: Top 8 Travel Stocks to Buy Now.
Expedia Group Inc. (NASDAQ:EXPE) has significantly outperformed the broader travel industry over the last 12 months
On June 16, Justin Post from Bank of America Securities reiterated a Buy rating on Expedia Group Inc. (NASDAQ:EXPE) and set a price target of $310. Even though the analyst’s price target for the stock implies approximately 17% upside from current levels, the stock’s performance has been choppy. Earlier on May 20, EXPE announced an agreement to acquire CarTrawler, an Ireland-based B2B platform powering car rental.
This collaboration enhances Expedia’s ability to deliver mobility and Insuretech solutions for travelers worldwide. CarTrawler’s platform will bring expertise by connecting more than 500 car rental suppliers to more than 300 leading travel brands around the world, including airlines. As a result of this collaboration, there will be new growth opportunities for the business.