Tigress Financial raised the firm’s price target on Booking Holdings (BKNG) to $5,600 from $4,580 and keeps a Strong Buy rating on the shares. Booking continues to benefit from strong consumer spending on travel, and the ongoing integration and leverage of generative artificial intelligence functionality will drive further growth, the analyst tells investors in a research note. The firm says the company continues to leverage AI-powered features for enhanced and smarter travel planning, driving record gross bookings and revenue.
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Read More on BKNG:
- Booking to implement organizational changes, including workforce reduction
- Booking Holdings price target raised to $4,700 from $4,100 at Truist
- Booking Holdings price target raised to $5,400 from $4,800 at Mizuho
- Booking Holdings price target raised to $5,330 from $3,900 at Seaport Research
- Booking Holdings price target raised to $5,500 from $4,100 at Citi
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
