BKNG Crosses Above Average Analyst Target
May 27, 2020 at 09:11 AM EDT
In recent trading, shares of Booking Holdings Inc (BKNG) have crossed above the average analyst 12-month target price of $1643.44, changing hands for $1746.91/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..
