Booking Holdings price target raised to $4,300 from $3,800 at Barclays

Barclays analyst Trevor Young raised the firm’s price target on Booking Holdings to $4,300 from $3,800 and keeps an Overweight rating on the shares. The shares are hovering around all-time highs, which reflects optimism that Q2 and fiscal 2024 bookings guidance proves conservative, and that the company will report a beat and raise on the upcoming print, the analyst tells investors in a research note. Although this is possible, it is “fully priced in at present,” with Booking’s valuation “looking a bit more full,” says the firm.