Booking Holdings Inc. (NASDAQ:BKNG) is one of the Iran Peace Deal Sends Oil Lower: Top 8 Travel Stocks to Buy Now.
According to a report released on June 23, BTIG analyst Jake Fuller reaffirmed a Buy rating on Booking Holdings Inc. (NASDAQ:BKNG) with a price target of $250
The firm’s price target offers an additional 37% upside from current levels. In contrast to BTIG, Richard Clarke from Bernstein reaffirmed a Hold rating on the stock on June 11. He also assigned a target price of $188 to the stock.
BKNG’s exceptional long-term execution and scale advantages have helped it outperform the broader travel industry. The company has achieved this by focusing on attractive markets and efficiently attracting customers through its marketing and distribution channels. Moreover, with the increasing travel demand, BKNG is building platforms that hotels increasingly rely on.