B. Riley raised the firm’s price target on Booking Holdings (BKNG) to $6,000 from $5,700 and keeps a Buy rating on the shares post the “solid” Q4 report. The company delivered a “comfortable” beat, powered by acceleration in room nights while cost discipline also contributed to earnings outperformance, the analyst tells investors in a research note. The firm continues to find the stock’s risk/reward attractive.
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 $5,540 from $4,900 at Cantor Fitzgerald
- Booking Holdings price target lowered to $5,725 from $5,850 at Baird
- Booking Holdings price target raised to $5,900 from $5,000 at Benchmark
- Booking Holdings price target raised to $5,960 from $5,560 at UBS
- Booking Holdings price target raised to $5,120 from $4,900 at Piper Sandler