Booking Holdings Stock Downgraded Ahead of Earnings: What You Need to Know

Every day, Wall Street analysts upgrade some stocks, downgrade others, and "initiate coverage" on a few more. But do these analysts even know what they're talking about? Today, we're taking one high-profile Wall Street pick and putting it under the microscope...

Booking Holdings' (NASDAQ: BKNG) Q2 2019 earnings report was a blockbuster. The online travel booking specialist earned $22.44 per share on $3.9 billion in sales last quarter, and beat consensus earnings estimates with a stick.

But one analyst doesn't see much chance of a repeat.

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Source Fool.com