JMP Securities analyst Nicholas Jones raised the firm’s price target on Booking Holdings to $2,750 from $2,500 and keeps an Outperform rating on the shares. Booking Holdings’ strong Q4 results and better than expected Q1 and FY23 outlooks are supportive of the firm’s view that Booking is the stock to own within online travel, the analyst tells investors in a research note. Results for Q4 suggest Booking continues to gain share of room nights in the U.S., the firm adds.
Published first on TheFly
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