Susquehanna Lifts Booking Holdings PT to $6,500 as Peers Trim Targets
Susquehanna raised Booking Holdings’ price target to $6,500 from $5,000 after citing solid fiscal Q4 execution and continued investment plans. JPMorgan cut its target to $5,600 from $6,250 and TD Cowen lowered theirs to $6,000 from $6,850 despite all maintaining positive ratings.
1. Susquehanna Raises Price Target to $6,500
On February 20 Susquehanna boosted its price target on Booking Holdings to $6,500 from $5,000, pointing to solid fiscal Q4 results, strong operational execution and plans for further investment across its online travel brands.
2. JPMorgan Lowers Target to $5,600
Also on February 20, JPMorgan trimmed its price target to $5,600 from $6,250 while retaining an Overweight rating after Booking delivered strong fiscal Q4 performance and provided an encouraging outlook with potential upside from transformation savings.
3. TD Cowen Cuts Target to $6,000
On February 19 TD Cowen reduced its price target to $6,000 from $6,850, maintaining a Buy rating but adopting a more conservative view on near-term growth despite acknowledging multi-year execution strengths.
4. Divergent Analyst Price Target Range
These updates establish a price target band between $5,600 and $6,500 among major analysts, underscoring varying perspectives on Booking Holdings’ near-term prospects even as all maintain positive stances on the stock.