Truist analyst Gregory Miller raised the firm’s price target on Booking Holdings (BKNG) to $5,810 from $5,750 and keeps a Buy rating on the shares. The company reported a “quality” Q3 earnings beat, and there was much for investors to like from the Q3 print, namely the reassurance on stable macro travel trends into Q4 quarter-to-date, positioning in an era of AI innovation/disruption, and upside on Transformation Program run-rate savings, the analyst tells investors in a research note.
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:
- Morning Movers: Nvidia jumps after GTC, Trump comments
- Booking Holdings price target raised to $6,000 from $5,975 at Mizuho
- Booking Holdings price target raised to $6,806 from $6,743 at UBS
- Hold Rating on Booking Holdings Amid Strong Performance and AI Uncertainties
- Booking Holdings price target raised to $6,150 from $5,650 at Morgan Stanley