According to Bank of America, it’s time to look elsewhere in the travel sector after Booking Holdings’ recent gains. Analyst Justin Post downgraded the stock from buy to neutral, saying there is less upside after Booking’s recent outperformance. Instead, he favors Expedia because its stock could soar if it’s able to improve its market share. “Our thesis on the Asia recovery is acting as a positive driver for bookings, and China outbound could provide an additional summer boost,” Post wrote on Wednesday. It’s been a pretty steady climb for bookings since the BKNG 6M mountain came down in October. “However, Booking stock has outperformed peers (+3% TTM [trailing twelve months] vs NASDAQ -16%), comps get tougher in 2Q, and we downgrade from Buy to Neutral as we see lower valuations given our now above-Street 2024 Est. (adjusted for FX),” the post added. Shares of Booking Holdings are up more than 19% this year as investors hope the West and especially China reopen in Asia. The travel stock outperformed the S&P 500. Which rose more than 4% over the same time period. The analyst’s $2,700 price target rose from $2,250, a nearly 12% upside for the firm from Tuesday’s closing price. Booking shares in Wednesday’s trading 1 are down more than 60%. Additionally, analysts expect travel bookings across the industry to benefit from the recent decline in the dollar. They raised their booking estimates for Booking, Expedia and Airbnb above the Street consensus. For Expedia, The stock is up more than 31% this year, though shares were basically flat in trading Wednesday. Post reiterated it at a buy, adding that he anticipates a low risk of a “severe travel downturn.”Bank of America says EXPE 6M Mountain Expedia could see more profit in 2023. Analysts also expect Expedia Let its market share stabilize as free cash flow improves and buybacks are allowed. The company has focused on building customer loyalty with its app and Post hopes to help it grow further. —Michael Bloom of CNBC contributed to this report.