Truist trims Expedia price target, cites concerns over Meta's Muse AI agent
EXPE•Truist cut its price target for Expedia to $288 from $309, still about 8% above the stock's last close, citing concerns about potential disruption from Meta's Muse AI agent. The brokerage said the downside risks remain sentiment-driven and the effect of AI agents on travel company earnings is uncertain and largely speculative.
