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Fly News Breaks for February 27, 2020
BKNG
Feb 27, 2020 | 08:10 EDT
Wells Fargo analyst Brian Fitzgerald lowered the firm's price target on Booking Holdings to $1,750 from $2,150 and keeps an Equal Weight rating on the shares. The analyst notes that the company reported a "relatively strong" Q4 performance. While he was encouraged by the strong finish to 2019, COVID-19 impact on management's Q1 outlook was more severe than he had anticipated.
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