Fly News Breaks for February 27, 2020
Feb 27, 2020 | 09:31 EDT
Benchmark analyst Daniel Kurnos noted that Booking Holding reported "strong" Q4 results, but also cited a significant impact from the coronavirus on its forward outlook. Booking shares are "probably worth a shot as a low-risk long-term play, even though estimates "may need to come down more aggressively than anyone suspects" until there is more clarity on the coronavirus, Kurnos said. He keeps a Hold rating on Booking shares.
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