B. Riley analyst Naved Khan raised the firm’s price target on Booking Holdings (BKNG) to $6,100 from $6,000 and keeps a Buy rating on the shares. The company reported a “comfortable” earnings and sales beat, with its sizable non-U.S. exposure resulting in strong growth in booked nights while cost discipline also contributed, the analyst tells investors in a research note. The firm says Booking’s key performance indicators show continued improvement in underlying fundamentals.
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Read More on BKNG:
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