Morgan Stanley Sticks to Their Buy Rating for Booking Holdings (BKNG)
In a report released on April 6, Brian Nowak from Morgan Stanley maintained a Buy rating on Booking Holdings, with a price target of $220.00.
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Nowak covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Snap. According to TipRanks, Nowak has an average return of 5.4% and a 55.58% success rate on recommended stocks.
In addition to Morgan Stanley, Booking Holdings also received a Buy from D.A. Davidson’s Tom White in a report issued today. However, yesterday, DBS maintained a Hold rating on Booking Holdings (NASDAQ: BKNG).
Based on Booking Holdings’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $6.35 billion and a net profit of $1.43 billion. In comparison, last year the company earned a revenue of $5.47 billion and had a net profit of $1.07 billion
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