These Analysts Slash Their Forecasts On Booking Holdings Following Q3 Results
Avi Kapoor 2 hours ago
MarketsTrading IdeasPre-Market OutlookNewsAnalyst RatingsPrice TargetEarnings
Booking Holdings beat Q3 estimates with EPS of $4.66 and sales of $9.793B; shares rose 1.4%. Analysts cut price targets to $150 and $219.
Booking Holdings Inc (NASDAQ:BKNG) on Tuesday posted better-than-expected results for the third quarter.
The company reported quarterly earnings of $4.66 per share which beat the analyst consensus estimate of $4.50 per share. The company reported quarterly sales of $9.793 billion which beat the analyst consensus estimate of $9.548 billion.
Booking shares rose 1.4% to $157.82 in pre-market trading.
These analysts made changes to their price targets on Booking following earnings announcement.
- Cantor Fitzgerald analyst Deepak Mathivanan maintained the stock with a Neutral and lowered the price target from $170 to $150.
- B of A Securities analyst Justin Post maintained the stock with a Buy and lowered the price target from $232 to $219.
Considering buying BKNG stock? Here’s what analysts think:
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