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Bank of America Securities Sticks to Its Buy Rating for Booking Holdings (BKNG)

Tipranks - Tipranks - Tue Jun 16, 6:52AM CDT

In a report released today, Justin Post from Bank of America Securities reiterated a Buy rating on Booking Holdings, with a price target of $235.00.

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Post covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Alphabet Class C. According to TipRanks, Post has an average return of 20.2% and a 61.69% success rate on recommended stocks.

In addition to Bank of America Securities, Booking Holdings also received a Buy from BTIG’s Jake Fuller in a report issued on May 29. However, on June 11, Bernstein maintained a Hold rating on Booking Holdings (NASDAQ: BKNG).

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Based on Booking Holdings’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $5.53 billion and a net profit of $1.08 billion. In comparison, last year the company earned a revenue of $4.76 billion and had a net profit of $333 million

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