tiprankstipranks
Booking Holdings price target raised to $4,700 from $4,100 at Truist
The Fly

Booking Holdings price target raised to $4,700 from $4,100 at Truist

Truist raised the firm’s price target on Booking Holdings (BKNG) to $4,700 from $4,100 and keeps a Hold rating on the shares. The firm is encouraged on macro Europe shoulder season lodging trends and Booking-specific initiatives in Connected Trip and alternative accommodations, though it also sees Q3 as being a potentially tough comp in Europe, the analyst tells investors in a research note.

Don't Miss our Black Friday Offers:

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App