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Booking Holdings price target lowered to $230 from $240 at TD Cowen

TD Cowen analyst Kevin Kopelman lowered the firm’s price target on Booking Holdings (BKNG) to $230 from $240 and keeps a Buy rating on the shares. The firm said results missed on worse Iran pressure including Europe-APAC travel corridor disruption, as guide assumes no improvement in May-June. Trends solid elsewhere, including acceleration in US, stable within Europe, APAC.

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