JPMorgan lowered the firm’s price target on Booking Holdings (BKNG) to $208 from $224 and keeps an Overweight rating on the shares. The company’s Q1 results and outlook were lighter than expected as the conflict in the Middle East weighed on travel demand, the analyst tells investors in a research note. The firm believes Booking’s underlying trends remain healthy.
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Read More on BKNG:
- Booking Holdings price target lowered to $215 from $234 at Baird
- Booking Holdings price target raised to $215 from $214 at Wells Fargo
- Booking Holdings price target lowered to $225 from $250 at Citi
- Booking Holdings price target lowered to $210 from $220 at Barclays
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