** Argus Research raises PT on online travel platform Expedia EXPE.O to $340 from $300, a 18.2% upside to the stock's last close
** Brokerage cites increased investments in new products, carefully managed expenses, higher marketing spend and international growth
** For 3Q25, EXPE's D2C segment, which includes its iconic Hotels.com and short-term rental platform Vrbo, rose 7% to $21.34 billion gross, while B2B gross bookings grew 26% to $9.38 billion
** Brokerage expects EXPE to benefit from the growth of its Vrbo vacation rentals segment as well as its loyalty program
** EXPE's new PT implies 19x multiple of our 2026 EPS estimate, brokerage says
** 15 of 38 brokerages rate the stock "buy" or higher and 23 hold; their median PT is $271.50 — data compiled by LSEG
** As of last close, EXPE up 54.3% YTD
(Reporting by Pragyan Kalita in Bengaluru)
((Pragyan.Kalita@thomsonreuters.com))
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