Booking Holdings Inc (BKNG): New Buy Recommendation for This Technology Giant


Susquehanna analyst Shyam Patil reiterated a Buy rating on Booking Holdings Inc (NASDAQ: BKNG) today and set a price target of $2200. The company’s shares closed yesterday at $1942.39.

According to TipRanks.com, Patil is a 5-star analyst with an average return of 20.2% and a 76.6% success rate. Patil covers the Technology sector, focusing on stocks such as Match Group Inc, Alphabet Inc, and trivago NV.

Booking Holdings Inc has an analyst consensus of Moderate Buy, with a price target consensus of $2200.50, which is a 13.3% upside from current levels. In a report issued on August 5, Oppenheimer also assigned a Buy rating to the stock with a $2500 price target.

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The company has a one-year high of $2228.99 and a one-year low of $1630.56. Currently, Booking Holdings Inc has an average volume of 374.8K.

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Booking Holdings, Inc. is an online travel company, which provides travel and related services. It offers accommodation reservations including hotels, bed and breakfasts, hostels, apartments, vacation rentals and other properties. The company provides services through Booking.com, priceline.com, agoda.com, KAYAK, rentalcars.com and OpenTable brands.

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