Kaufman Bros. Reiterates 'Focus List Pick' on priceline.com (PCLN); Raises Estimates & Price Target
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Kaufman Bros. reiterates 'Focus List Pick' on priceline.com (Nasdaq: PCLN), increases price target from $200 to $240.
Kaufman analyst says, "We are adjusting our estimates to reflect the 3Q upside and the stronger outlook. For 2009, we move from $2,302 million in revenues and $7.60 in pro forma EPS to $2,336 million and $8.26, respectively. For 2010, we move from $2,802 million and $9.49 to $2,875 million and $10.53."
To see more analyst ratings on PCLN Click Here.
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