Truist raised the firm’s price target on Booking Holdings (BKNG) to $4,700 from $4,100 and keeps a Hold rating on the shares. The firm is encouraged on macro Europe shoulder season lodging trends and Booking-specific initiatives in Connected Trip and alternative accommodations, though it also sees Q3 as being a potentially tough comp in Europe, the analyst tells investors in a research note.
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Read More on BKNG:
- Booking Holdings price target raised to $5,400 from $4,800 at Mizuho
- Booking Holdings price target raised to $5,330 from $3,900 at Seaport Research
- Booking Holdings price target raised to $5,500 from $4,100 at Citi
- Booking Holdings price target raised to $5,250 from $3,900 at RBC Capital
- Booking Holdings price target raised to $5,200 from $4,900 at Deutsche Bank