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Fly News Breaks for August 8, 2019
BKNG
Aug 8, 2019 | 05:05 EDT
Mizuho analyst James Lee raised his price target for Booking Holdings to $2,150 from $2,050 saying the company night reported a "strong" quarter, beating room night growth consensus by 300 basis points. The analyst adds that while management cited uncertainty in the global environment and tougher comps, he views the comments as conservative. Lee remains bullish on the long-term outlook of online travel and keeps a Buy rating on Booking.
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