Why Booking Holdings Stock Is Traveling Higher
Portfolio Pulse from Erica Kollmann
Booking Holdings Inc. (NASDAQ:BKNG) reported strong Q2 financial results, beating analyst consensus estimates for both earnings per share and sales. The company attributes this to robust leisure travel demand. The company is preparing for a record summer travel season in Q3. Barclays and Credit Suisse analysts maintained their positive ratings and raised their price targets for BKNG.
August 04, 2023 | 4:05 pm
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Booking Holdings reported strong Q2 results and expects a record summer travel season. Analysts from Barclays and Credit Suisse raised their price targets.
Booking Holdings reported strong Q2 results, beating analyst estimates. This positive news, along with the company's expectation of a record summer travel season, is likely to boost investor confidence and potentially drive the stock price up. Additionally, positive ratings and increased price targets from Barclays and Credit Suisse further support this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100