Booking Holdings price target lowered to $5,920 by Goldman Sachs
Goldman Sachs has lowered its price target for Booking Holdings (NASDAQ:BKNG) to $5,920 from $6,050, while maintaining a Neutral rating despite the travel company's strong third-quarter performance. The company exceeded expectations in gross bookings, room nights, and revenue, showing growth in alternative accommodations and across all regions. InvestingPro data highlights Booking's impressive gross profit margin of 86.99% and revenue of $26.04 billion, with year-over-year growth, and assesses its financial health as "GREAT."
https://www.investing.com/news/analyst-ratings/booking-holdings-price-target-lowered-to-5920-by-goldman-sachs-93CH-4467483