Analyst Kevin Kopelman from TD Cowen maintained a Buy rating on Booking Holdings (BKNG – Research Report) and keeping the price target at $6,000.00.
Kevin Kopelman’s rating is based on a combination of factors including the solid performance of Booking Holdings in key geographic areas such as Europe and Asia, despite a slowdown in the US market. The company experienced a significant increase in Q1 nights, surpassing guidance, and demonstrated strong growth in flight tickets and attractions.
Additionally, the stable trends observed in April across all regions contributed to a positive outlook for Q2. The company also benefited from favorable foreign exchange conditions, which bolstered its international operations. Kopelman raised the earnings per share estimates for 2025 and 2026, reflecting confidence in the company’s future performance, and reaffirmed a price target of $6000, indicating a positive long-term view despite macroeconomic risks.
In another report released today, Barclays also maintained a Buy rating on the stock with a $5,600.00 price target.