Wells Fargo analyst Ken Gawrelski raised the firm’s price target on Booking Holdings to $4,173 from $3,976 and keeps an Equal Weight rating on the shares. The firm notes shares have recovered strongly from post-Q2 EPS concerns. Wells expects modest acceleration in Q4 room nights with a typically conservative guide. The firm will be looking for signs on tradeoffs between margins and growth in 2025.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% 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>>
Read More on BKNG:
- Booking Holdings price target raised to $4,500 from $3,900 at Barclays
- DA Davidson technology analyst holds an analyst/industry conference call
- QQQ ETF Update, 9/30/2024
- PolyAI partners with OpenTable to offer support using voice AI
- Slang.ai partners with OpenTable to offer restaurants with reservation support