Wedbush raised the firm’s price target on Booking Holdings (BKNG) to $6,000 from $5,900 and keeps a Neutral rating on the shares following “strong” Q3 results. Wedbush noted that Q4 guidance was healthy, with all key metrics consistent with street estimates. The firm told investors that Booking continues to drive efficiencies through ongoing cost optimization initiatives, enabling reinvestment to support growth towards the company’s longer-term targets.
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