Barclays raised the firm’s price target on Booking Holdings (BKNG) to $6,000 from $5,700 and keeps an Overweight rating on the shares. The company reported a “beat and raise” quarter even as accommodations slow, the analyst tells investors in a research note. The firm believes the stock may be range-bound as the stock’s multiple is “a bit stretched” versus historical levels, even as estimates increase.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on BKNG:
- Booking Holdings Reports Strong Q2 2025 Results
- Strong Global Performance and Margin Improvements Lead to Buy Rating for Booking Holdings
- Booking says U.S. remains lowest-growing region
- Booking says genAI customer assistants cut customer booking times
- Booking Holdings sees low double digits revenue growth for FY25