Booking Holdings price target raised to $2,670 from $2,170 at Mizuho

Mizuho analyst James Lee raised the firm’s price target on Booking Holdings to $2,670 from $2,170 and keeps a Buy rating on the shares. The analyst says travel demand remained strong as guidance for fiscal 2023 at low-teens bookings growth tracked ahead of Street expectations. The firm likes Booking’s long-term fundamentals, due to its dominance in Europe and continued expansion in the U.S.