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Wedbush Reaffirms Their Buy Rating on Booking Holdings (BKNG)

Tipranks - Fri Feb 20, 8:04AM CST

In a report released today, Scott Devitt from Wedbush maintained a Buy rating on Booking Holdings, with a price target of $5,300.00.

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According to TipRanks, Devitt is a 5-star analyst with an average return of 12.3% and a 50.00% success rate. Devitt covers the Consumer Cyclical sector, focusing on stocks such as Expedia, CarMax, and Carvana Co.

In addition to Wedbush, Booking Holdings also received a Buy from BMO Capital’s Brian Pitz in a report issued today. However, on the same day, TipRanks – xAI reiterated a Hold rating on Booking Holdings (NASDAQ: BKNG).

Based on Booking Holdings’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $9.01 billion and a net profit of $2.75 billion. In comparison, last year the company earned a revenue of $7.99 billion and had a net profit of $2.52 billion

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