KeyBanc analyst Sergio Segura raised the firm’s price target on Booking Holdings (BKNG) to $6,630 from $6,450 and keeps an Overweight rating on the shares. The firm notes Booking delivered strong Q3 results with gross bookings 5% and EBITDA 6% above its estimates. Booking highlighted broad-based regional strength and accelerating U.S trends, supported by improved direct traffic, B2B momentum, and growth in alternative accommodations. Overall, KeyBanc believes these results reinforce its thesis around sustained Connected Trip growth, U.S. share gains, and multiple levers for margin expansion.
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