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Goldman Sachs Boosts PT on priceline.com (PCLN) by $55

February 27, 2013 8:59 AM
Goldman Sachs raised its price target on priceline.com (NASDAQ: PCLN) from $770 to $825 and reiterated a Buy rating following Q4 results. The firm noted 4Q results and 1Q guidance above consensus on international reacceleration.

The firm trimmed FY13 EPS from $34.73 to $33.62, but raised FY14 from $40.96 to $41.42 and FY15 from $47.41 to $49.82.

For an analyst ratings summary and ratings history on priceline.com click here. For more ratings news on priceline.com click here.

Shares of priceline.com closed at $678.49 yesterday, with a 52 week range of $553.43-$774.96.

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