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Shares of Booking Holdings Inc. rose 10% after its third-quarter results, even with low fourth-quarter expectations.

ResultsRead the original at Benzinga
Neutral

Booking Holdings’ third-quarter bookings and revenue beat expectations, but next-quarter room-night growth was set below expectations. Most analysts kept positive ratings but cut targets, leaving the report’s signals mixed.

BKNG · Booking Holdings Inc.

AI read · Neutral

The AI's read

The completed quarter shows travelers booked more stays, and adjusted profit rose. The next quarter points to slower growth, with weaker travel trends in Europe and the Middle East. Most named analysts kept positive ratings but cut their targets. These signals point in different directions and do not clearly change Booking Holdings’ outlook.

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