Mizuho upgraded Booking Holdings (BKNG) from Neutral to Outperform. The firm established a new price target of $6,000 for the company. Analysts suggested that investor fears regarding the impact of artificial intelligence on the business model are overblown. The firm characterized the stock's recent decline as an attractive entry point for investors.
KeyCorp maintained an Overweight rating on the shares. KeyCorp slightly reduced its price target for the stock to $6,500. Citi and JMP Securities both reaffirmed their Market Perform ratings.
Institutional ownership disclosures revealed that Bessemer Group Inc. reduced its stake in the company during the previous quarter.