Benchmark raised the firm’s price target on Booking Holdings (BKNG) to $5,900 from $5,000 and keeps a Buy rating on the shares. Despite a “very valiant 4Q print,” it appears from the initial after-hours view that Booking “will not complete the OTA double-digit post-earnings stock improvement sweep,” the analyst stated. Consensus “does not need to change much in 2025 or 2026, which should set Booking up nicely for upside as the year progresses,” the analyst added.
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Read More on BKNG:
- Booking Holdings price target raised to $5,960 from $5,560 at UBS
- Booking Holdings price target raised to $5,120 from $4,900 at Piper Sandler
- Booking Holdings price target raised to $5,248 from $4,470 at Wells Fargo
- Booking Holdings price target raised to $5,500 from $5,300 at Evercore ISI
- Booking Holdings price target raised to $5,800 from $5,500 at Citi