BMO Capital analyst Naved Khan raised the firm’s price target on Booking Holdings (BKNG) to $5,900 from $5,155 and keeps an Outperform rating on the shares after its Q4 results and guidance. The firm is positive on the company’s Q4 Gross Bookings and Room Nights growth coming above its online travel agent peers and the management effectively integrating alternative accommodations, which saw listings grow 8% YoY to 7.9M exiting 2024, the analyst tells investors in a research note.
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