Booking Holdings Inc (NASDAQ:BKNG) reported upbeat earnings for the fourth quarter on Wednesday.
The company posted quarterly earnings of $48.80 per share which beat the analyst consensus estimate of $48.27 per share. The company reported quarterly sales of $6.349 billion which beat the analyst consensus estimate of $6.130 billion.
Booking Holdings said it sees first-quarter sales of $5.429 billion-$5.524 billion, versus market estimates of $5.359 billion.
Booking shares gained 3.1% to close at $4,269.99 on Wednesday.
These analysts made changes to their price targets on Booking following earnings announcement.
- DA Davidson analyst Tom White maintained Booking Holdings with a Buy and lowered the price target from $6,600 to $6,000.
- BMO Capital analyst Brian Pitz maintained the stock with an Outperform rating and raised the price target from $6,000 to $6,200.
Considering buying BKNG stock? Here’s what analysts think:

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