Wedbush lowered its price target on Booking Holdings to $5,500 from $6,000. The firm maintained an "outperform" rating.
This adjustment follows the stock's 18.4% decline over the past four weeks. Some analysts now consider the stock oversold.
Wall Street analysts, on average, hold a "Moderate Buy" consensus rating. Analysts strongly agree the company will report better-than-anticipated earnings. The consensus EPS estimate increased over the last 30 days.