BTIG raised the firm’s price target on Global Business Travel (GBTG) to $10 from $8 and keeps a Buy rating on the shares. The DOJ has dropped its challenge to the company’s CWT acquisition, and the “imminent” closure is not in the consensus estimates, the analyst tells investors in a research note.
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Read More on GBTG:
- Global Business Travel Group’s Strong Earnings Call Highlights
- Global Business Travel price target raised to $11 from $10 at UBS
- American Express Global Business Travel Exceeds Q2 Expectations
- Global Business Travel ups FY25 revenue view to $2.46B-$2.52B from $2.38B-$2.48B
- Global Business Travel reports Q2 EPS 3c, consensus 15c
