Booking Holdings price target raised to $3,400 from $2,700 at DA Davidson

DA Davidson analyst Tom White raised the firm’s price target on Booking Holdings to $3,400 from $2,700 and keeps a Neutral rating on the shares while also naming the stock to the firm’s s “Best-of-Breed Bison” initiative, which focuses on long-term best-in-class companies with sustainable competitive moats. The stock offers a “sizable market opportunity with favorable long-term trends”, “robust, steady, predictable revenue streams”, an “enduring competitive moat”, “exceptional financials”, and “shareholder-oriented management”, the analyst tells investors in a research note.