Booking Holdings price target raised to $3,950 from $3,900 at BofA

BofA analyst Justin Post raised the firm’s price target on Booking Holdings to $3,950 from $3,900 and keeps a Neutral rating on the shares. The firm lowered its Q2 bookings, revenue and EPS estimates on some pull-forward of revenues to Q1 and says a Q1 beat was mostly offset by a lower Q2 outlook, though it sees Booking’s full year outlook as on track.