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Need A Reason To Buy Booking Holdings? Deutsche Bank Offers 5
Tuesday, February 5, 2019 - 4:51pm | 375Deutsche Bank named five reasons why its cautious stance on online travel agency Booking Holdings Inc (NASDAQ: BKNG) came to an end Tuesday. The Analyst Deutsche Bank's Lloyd Walmsley upgraded Booking Holdings from Hold to Buy with a price target lifted from $2,150 to $2,370....
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Guggenheim: Expedia's Hiring Spree Is Tapering Off
Thursday, December 20, 2018 - 5:29pm | 384Expedia Inc (NASDAQ: EXPE) is a best idea heading into 2019, according to Guggenheim Securities. The Analyst Guggenheim analyst Jake Fuller maintains a Buy rating on Expedia with a $160 price target. The Thesis Expedia went on a hiring spree earlier in the year in support of a big hotel supply...
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Booking Holdings Must Choose Growth Or Value Path, Says CNBC's Cramer
Tuesday, August 14, 2018 - 2:28pm | 433Online travel agency and Priceline parent Booking Holdings Inc (NASDAQ: BKNG) faces an "identity crisis," as its management doesn't know if it is a growth or value company, according to CNBC's Jim Cramer. What Happened Companies that sacrifice sales with the purpose of...
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TripAdvisor Has 'Compelling Path' To Top-Line Revenue Growth, Barclays Says In Upgrade
Wednesday, July 11, 2018 - 11:57am | 367With TripAdvisor Inc (NASDAQ: TRIP)’s fundamentals beginning to turn around, Barclays sees a “compelling path” to top-line revenue growth for the online travel agency. The Analyst Analyst Deepak Mathivanan upgraded TripAdvisor from Equal Weight to Overweight and...
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MakeMyTrip's Valuation Is Pricing In Profitability, Goldman Sachs Says In Downgrade
Tuesday, June 12, 2018 - 11:23am | 394Shares of MakeMyTrip Limited (NASDAQ: MMYT), one of India's leading online travel agencies, have gained nearly 40 percent since the start of 2018, which implies investors should no longer be aggressive on the stock, according to Goldman Sachs. The Analyst Goldman Sachs' Manish Adukia...
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Deutsche Bank: What To Expect From Online Travel Agency Earnings
Tuesday, May 8, 2018 - 3:47pm | 452Deutsche Bank previewed the quarterly reports due from online travel agencies this week, including Booking Holdings Inc (NASDAQ: BKNG) and Tripadvisor Inc (NASDAQ: TRIP). The Analyst Deutsche Bank's Lloyd Walmsley maintains a Hold rating on Booking Holdings with a price target lifted...
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Amazon Should Compete With Booking And Expedia, Morgan Stanley Says
Friday, March 9, 2018 - 10:29am | 580Amazon.com, Inc. (NASDAQ: AMZN) dabbled in the online travel space through Local and Destinations but hasn't seen much success — but now the industry is prime for disruption, according to Morgan Stanley. The Analyst Morgan Stanley's Brian Nowak maintains an Overweight rating on...
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Argus: Booking Holdings Has 20% Upside Potential
Thursday, March 8, 2018 - 10:50am | 356Booking Holdings Inc. (NASDAQ: BKNG), formerly Priceline.com, is likely to maintain its position as the leading online travel agency through continued investments in marketing and advertising, an analyst at Argus said. The Analyst Argus analyst John Staszak upgraded shares of Booking Holdings...
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Booking Holdings's Q4 Alleviates Structural Concerns About Online Travel, Analyst Says
Wednesday, February 28, 2018 - 3:13pm | 402Booking Holdings Inc. (NASDAQ: BKNG), formerly Priceline, is back on track with a fourth-quarter earnings beat. The Analyst Credit Suisse's Paul Bieber maintains an Outperform rating on Booking Holdings and raised the price target from $2,260 to $2,300. The Thesis Booking Holdings turned in...
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Booking Holdings' CEO Isn't Worried About Airbnb
Wednesday, February 28, 2018 - 11:28am | 348Booking Holdings Inc. (NASDAQ: BKNG), formerly known as Priceline Group, reported its fourth quarter results on Tuesday which exceeded expectations, in part due to the travel business performing "very well." What You Need To Know Booking Holdings is taken full advantage of the fact that...
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Morgan Stanley Debunks 3 Bear Myths Haunting The Online Travel Space
Saturday, January 13, 2018 - 11:48am | 485The online travel agency sector is structurally challenged, and the competitive threat from Airbnb poses a major challenge both now and over the long-term, according to many bears. But this isn't the case at all, a Morgan Stanley analyst said this week. The Analyst Earlier this...
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Expedia's Investments Will Pay Off In 2019, Morgan Stanley Says In Upgrade
Thursday, January 11, 2018 - 11:31am | 489The online travel agency space has some investors worried about structural issuesthat will hinder growth prospects. But that isn't the case, according to one notable Wall Street analyst who turned bullish on Expedia Inc (NASDAQ: EXPE). The Analyst Morgan Stanley's Brian Nowak upgraded...
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The Reward Outweighs The Risk In Expedia, Analyst Says
Wednesday, January 3, 2018 - 3:33pm | 425By many metrics, 2017 was a disappointing year for Expedia Inc (NASDAQ: EXPE) but the risk-to-reward setup has turned favorable, according to Bank of America Merrill Lynch. The Analyst BofA's Justin Post upgraded Expedia from Neutral to Buy with an unchanged $145 price target....
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3 Reasons To Stay Cautious On Priceline
Tuesday, November 7, 2017 - 11:18am | 334Priceline Group Inc (NASDAQ: PCLN) reported its third-quarter results, which came in better than expected but was accompanied with a concerning fourth-quarter guidance. The company also said it will be increasing its marketing spending. The Analyst Deutsche Bank's Lloyd Walmsley. The Rating...
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KeyBanc: TripAdvisor's Quarter Shows Consumers May Have Forgotten The Site's Value
Tuesday, November 7, 2017 - 9:56am | 334Tripadvisor Inc (NASDAQ: TRIP) reported third-quarter earnings Monday with a 1 cent-per-share earnings beat, but revenue of $439 million fell short of the $451.8 million analysts were expecting. Hotel revenue of $312 million also fell short of the $326.2 million analysts projected. The...