We have upgraded our moat rating for Booking to wide from narrow, driven by its strengthening network advantage and our view that the company is well positioned for artificial intelligence. The change results in our fair value estimate increasing to $4,800 per share from $4,600. We see shares as slightly undervalued.
Bucket List Destinations Revealed: Approach Tours Survey Uncovers Canadians’ Most‑Wanted Travel Experiences
A new bucket list of dream destinations for Canadian holidaymakers has revealed Japan as the clear favourite, with holiday makers...
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