Booking (NASDAQ:BKNG) Price Target Cut to $3,435.00 by Analysts at Wells Fargo & Company

Booking Holdings, Inc. (NASDAQBKNG) is a leading provider of online travel and related services. The company operates through three segments: Online Travel Agency (OTA), Accommodation Everywhere, and Other Services. The OTA segment includes Booking.com, Priceline.com, Kayak.com, and other booking sites. The Accommodation Everywhere segment provides accommodations in the hospitality industry, including hotels, vacation rentals, and apartments. The Other Services segment includes travel insurance, rental cars, and other travel-related services.

Wells Fargo & Company is a multinational financial services company headquartered in San Francisco, California. The firm provides banking, investment, and wealth management services to individuals, businesses, and governments around the world.

In a research report published on Friday morning, Wells Fargo & Company trimmed its price objective for Booking Holdings, Inc. from $3,548.00 to $3,435.00. The firm currently has an equal weight rating on the company's stock. This means that the firm does not have a strong opinion about whether the stock is overvalued or undervalued at its current price.

Other equities research analysts have also recently weighed in on Booking Holdings, Inc. Some analysts have raised their price targets for the company, while others have lowered them. For example, JPMorgan Chase & Co. recently raised its price target for the stock from $3,500.00 to $3,600.00, while Goldman Sachs Group, Inc. lowered its price target from $3,700.00 to $3,600.00.

It's worth noting that analysts' opinions and recommendations are not always accurate, and investors should conduct their own research and consider a variety of factors before making investment decisions.