This Is What Whales Are Betting On Booking Holdings
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Booking Holdings (NASDAQ:BKNG), with 78% of detected trades showing bearish expectations. The whales have been targeting a price range from $2680.0 to $3100.0 for Booking Holdings over the last 3 months. DA Davidson maintains a Neutral rating on Booking Holdings with a price target of $3400, while Argus Research downgraded its action to Buy with a price target of $3677.
October 20, 2023 | 2:02 pm
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Booking Holdings has seen a bearish stance from a significant investor, with a targeted price range of $2680-$3100. Analysts have mixed views, with DA Davidson maintaining a Neutral rating and Argus Research downgrading to Buy.
The bearish stance from a significant investor, coupled with the mixed views from analysts, could lead to increased volatility in the stock price of Booking Holdings. The targeted price range indicates potential downside risk, which is further supported by the bearish sentiment in the majority of detected trades.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100