Deutsche Bank analyst Lee Horowitz raised the firm’s price target on Global Business Travel (GBTG) to $9.10 from $7.60 and keeps a Buy rating on the shares. The company reported mixed Q3 results, but its long term view is intact as Global Business continues to lead the business travel market, the analyst tells investors in a research note.
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Read More on GBTG:
- Global Business Travel Group Reports Strong Q3 Results
- Global Business Travel cuts FY24 revenue view to $2.42B-$2.44B from $2.43B-$2.5B
- Global Business Travel reports Q3 EPS (28c), consensus (3c)
- Global Business Travel Group, Inc. (GBTG) Q3 Earnings Cheat Sheet
- Global Business Travel price target raised to $9.50 from $9 at Citi