Booking Holdings (BKNG) option IV as share price near 52-week high
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Booking Holdings (BKNG) PT Raised to $4,285 at Tigress Financial Partners, 'We believe significant upside exists from current levels'
December 27, 2023 4:30 PM ESTTigress Financial Partners analyst Ivan Feinseth raised the price target on Booking Holdings (NASDAQ: BKNG) to $4,285.00 while maintaining a Strong Buy rating.
The analyst comments "
We reiterate our Strong Buy rating on BKNG and increase our 12-month target price to $4,285 as it continues to be well-positioned to benefit from the significant secular shift in consumer spending priorities favoring travel and entertainment, and the ongoing leverage of generative AI will drive further revenue growth. BKNG recently reported Q3 total revenues increased 21% Y/Y, 18% in constant currency, to a record $7.3 billion. Merchant revenues increased 50.92% Y/Y to... More
