Booking Holdings stock stable after-hours amid analyst PT cut and travel sector concerns

Booking Holdings (BKNG) saw its price target cut by KeyBanc to $6,500 (from $6,630) due to concerns over AI disruption, despite acknowledging robust travel demand.

• Citizens previously downgraded BKNG to Market Perform earlier in the week.
• The stock closed at $4457.17 (+0.31%) and was trading slightly lower after hours at $4454.00 (-0.07%).
• The stock has dropped 9.9% over the past seven days, although analysis suggests it is 44.6% undervalued via DCF at approximately $4,607.