B. Riley analyst Naved Khan raised the firm’s price target on Booking Holdings (BKNG) to $6,700 from $6,100 and keeps a Buy rating on the shares. The company reported better than expected Q2 results and raised its fiscal 2025 outlook, the analyst tells investors in a research note. The firm believes Booking’s generative artificial intelligence initiatives are starting to show up in cost savings in customer support.
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Read More on BKNG:
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- Booking Holdings price target lowered to $5,650 from $5,800 at Morgan Stanley
- Booking Holdings price target raised to $6,363 from $6,300 at UBS
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