
BofA Global Research raises Booking Holdings BKNG.O price objective to $5,820 from $5,580, a premium of 3.7% to the stock's last close
Reiterates "neutral" rating
Says U.S. travel market was experiencing challenges in early 2025 but global markets seemed constructive
Adds it is confident that co's global diversification will help in offsetting specific travel corridor pressure in future
Notes that with stable international market and healthy foreign exchange movement, second-quarter earnings are likely to beat estimates
28 of 40 brokerages rate the stock "buy" or higher, 12 "hold"; their median PT is $5,620 - data compiled by LSEG
As of last close, stock had risen 13% YTD