The Priceline Group (PCLN) Tops Q2 EPS by 47c
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August 6, 2015 7:27 AM EDT
Cantor Fitzgerald analyst Naved Khan reiterated a Buy rating and raised the price target on The Priceline Group (NASDAQ: PCLN) to $1,480.00 (from $1,360.00) following solid Q2 results and outlook.
Khan commented, "PCLN's 2Q results were strong and exceeded Street expectations on every metric.... More
August 5, 2015 12:43 PM EDT
Cowen analyst Kevin Kopelman reiterated an Outperform rating and raised his price target on The Priceline Group (NASDAQ: PCLN) to $1,500.00 (from $1,400.00).
The analyst commented, "Q2 room nights accelerated to +26% & int'l bookings ex-f/x to +30%. EPS was up ~15% ex-f/x.... More
August 5, 2015 11:50 AM EDT
RBC Capital analyst Mark Mahaney reiterating an Outperform rating and lifted his price target on The Priceline Group (NASDAQ: PCLN) to $1,600.00 (from $1,400.00) following strong results.
The keys, according to Mahaney: Positives: 1) Organic Growth Trends Remain Robust 30% Y/Y Intl Bookings (ex-FX), 26% Y/Y Gross Profit (ex-FX), and 26% Y/Y Hotel Room Night all but GP Y/Y was better than prior quarters. 2) Booking.com... More
