Booking Holdings price target raised to $6,500 from $6,000 at Susquehanna

Susquehanna raised the firm’s price target on Booking Holdings (BKNG) to $6,500 from $6,000 and keeps a Positive rating on the shares. The firm said they delivered a solid 2Q with room nights, gross bookings, and revenue all above expectations. Management noted that travel demand has remained steady so far in 3Q but reiterated that macro and geopolitical uncertainty could still weigh on performance, particularly as the company laps tougher comps in August and September.