Investment activity around Booking Holdings Inc. (NASDAQ:BKNG) has been substantial recently with multiple shares being purchased and sold by several firms, including Avanza Fonder AB, Professional Advisory Services Inc., Salvus Wealth Management LLC, and Gateway Investment Advisers LLC, to name a few.
Particularly, Morgan Stanley has raised its price target for Booking Holdings from $4,600 to $5,000, underlining the company’s promising performance. The travel industry, in general, is on a promising recovery road, with Booking Holdings playing a key role in this context.
Notwithstanding some fluctuations, the overall trend for BKNG has been positive, achieving a remarkable 146% return over the past five years. Future prospects look promising too as Wall Street Analysts continue to be optimistic about the company's performance.
Moreover, the company has been initiating strategic expansion initiatives while also focussing on cost-cutting- a balance that's boosting their value. With this, Booking Holdings has been recognized as one of the Most Undervalued Travel Stocks to buy according to Hedge Funds.
Booking Holdings BKNG News Analytics from Fri, 19 Jul 2024 07:00:00 GMT to Sat, 18 Jan 2025 15:30:49 GMT - Rating 8 - Innovation 6 - Information 8 - Rumor -6
