Check Out What Whales Are Doing With BKNG
Portfolio Pulse from Benzinga Insights
Financial giants have shown a bearish trend on Booking Holdings (NASDAQ:BKNG) with 52% bearish and 47% bullish trades among 36 unusual trades. Major market movers target a price band between $2000.0 and $3900.0. The company, the world's largest online travel agency, operates several brands and relies on transaction fees for revenue. Current trading volume is 95,933 with a price of $3430.25. Analysts have set an average price target of $3933.0, with ratings ranging from Equal-Weight to Buy.
March 06, 2024 | 6:46 pm
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Booking Holdings shows a bearish trend among financial giants with a mix of bullish and bearish trades. Analysts have set an average price target of $3933.0, with the current price at $3430.25.
The bearish trend indicated by the financial giants' trading activity could suggest a cautious short-term outlook for BKNG. However, the analysts' average price target above the current trading price indicates a positive longer-term view. The mix of bullish and bearish trades, along with the analysts' ratings, suggests a neutral short-term impact as the market digests these mixed signals.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100