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Wells Fargo Reaffirms Their Hold Rating on Booking Holdings (BKNG)

Tipranks - Tipranks - Thu Apr 16, 1:42AM CDT

In a report released yesterday, Ken Gawrelski from Wells Fargo maintained a Hold rating on Booking Holdings, with a price target of $214.00. The company’s shares closed yesterday at $181.12.

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According to TipRanks, Gawrelski is a 4-star analyst with an average return of 5.6% and a 52.13% success rate. Gawrelski covers the Consumer Cyclical sector, focusing on stocks such as Booking Holdings, Amazon, and eBay.

In addition to Wells Fargo, Booking Holdings also received a Hold from DBS’s Amanda Tan in a report issued on April 7. However, on April 10, B. Riley Securities maintained a Buy rating on Booking Holdings (NASDAQ: BKNG).

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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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