Booking Holdings price target raised to $4,440 from $4,330 at Cantor Fitzgerald

Cantor Fitzgerald raised the firm’s price target on Booking Holdings (BKNG) to $4,440 from $4,330 and keeps a Neutral rating on the shares. Booking reported Q1 results with gross bookings and EBITDA 1% and 27% above prior Street estimates, respectively, the analyst tells investors in a research note. Booking’s diversified business should help the company navigate macro relatively better vs. online travel agency peers, Cantor argues.