Susquehanna Lifts PT on Booking Holdings (BKNG) to $6,500 From $5,000 - Here's Why

Booking Holdings Inc. (NASDAQ:BKNG) is one of the best transportation stocks to buy according to Wall Street analysts. Susquehanna lifted the price target on Booking Holdings Inc. (NASDAQ:BKNG) to $6,500 from $5,000 on February 20, maintaining a Positive rating on the shares and telling investors that the company posted a generally solid fiscal Q4 and plans to continue to invest in the business.

Although the potential for near-term choppiness exists, Susquehanna continues to remain impressed by the company’s execution and views Booking Holdings Inc. (NASDAQ:BKNG) as an attractive name to own in the online travel space.

In another development, JPMorgan cut the price target on Booking Holdings Inc. (NASDAQ:BKNG) to $5,600 from $6,250  on February 20, keeping an Overweight rating on the shares. According to the firm, the company delivered strong fiscal Q4 results and offered an “encouraging” outlook. It added that the guidance could have upside, as evidenced by Booking Holdings Inc.’s (NASDAQ:BKNG) multi-year execution and due to the transformation savings.

Booking Holdings Inc. (NASDAQ:BKNG) also received a rating update from TD Cowen on February 19, with the firm lowering the price target on the stock to $6,000 from $6,850 while maintaining a Buy rating on the shares.

Booking Holdings Inc. (NASDAQ:BKNG) provides online travel and related solutions, including accommodation reservations, including hotels, hostels, apartments, vacation rentals, and other properties. The company offers its services through the following brands: Booking.com, Priceline, Agoda, KAYAK, and OpenTable.

While we acknowledge the potential of BKNG as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you’re looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.