tiprankstipranks
Booking Holdings price target raised to $5,500 from $5,000 at TD Cowen
The Fly

Booking Holdings price target raised to $5,500 from $5,000 at TD Cowen

TD Cowen raised the firm’s price target on Booking Holdings (BKNG) to $5,500 from $5,000 and keeps a Buy rating on the shares. The firm said they continue to like the shares and reiterate it as a Top Pick, as the company’s near-term growth is materially better than expected due to a combination of strong Europe trends and share gains across all geographies, with margins improving on ad cost leverage and more disciplined fixed opex.

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