TD Cowen analyst Kevin Kopelman raised the firm’s price target on Booking Holdings (BKNG) to $6,300 from $5,500 and keeps a Buy rating on the shares. The firm said it is a Best Idea for 2025. The keys are growth well above industry at nights and is recently accelerating, and with Alternative outpacing ABNB. Also, margin expansion from ad costs and new 3-yr efficiency plan at $400-450M savings.
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