Mizuho analyst James Lee raised the firm’s price target on Booking Holdings to $3,580 from $3,265 and keeps a Buy rating on the shares. The company’s guidance shows that travel demand remained robust into the summer, the analyst tells investors in a research note. The firm likes the long-term fundamentals of Booking due to its “dominance” in Europe and continued expansion in the U.S.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See today’s best-performing stocks on TipRanks >>
Read More on BKNG:
- Early notable gainers among liquid option names on August 4th
- Booking Holdings price target raised to $3,450 from $3,200 at Wedbush
- Airbnb price target raised to $168 from $145 at Evercore ISI
- Booking Holdings price target raised to $3600 from $3325 at TD Cowen
- Booking Holdings price target raised to $3,325 from $2,950 at Credit Suisse