Priceline (PCLN) PT Raised to $1700 at Jefferies Amid Strong Results
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Go back to Priceline (PCLN) PT Raised to $1700 at Jefferies Amid Strong Results
August 5, 2016 8:50 AM EDT
Piper Jaffray analyst Michael Olson reiterated an Overweight rating and lifted his price target on The Priceline Group (NASDAQ: PCLN) to $1,625.00 (from $1,500.00) following significant Q2 upside.
Olson commented, "Priceline reported Q2 upside (bookings and EPS 1% and 10% above Street expectations, respectively) and guided... More
August 5, 2016 7:11 AM EDT
The Priceline Group (NASDAQ: PCLN) is recently up $73.39 to $1439.69 in the premarket on Q2 profit climbing 12%, gross bookings rose 19% to $17.9B. August week call option implied volatility is at 126, August is at 40, September is at 30; compared to its 52-week range.
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August 4, 2016 4:03 PM EDT
The Priceline Group (NASDAQ: PCLN) reported Q2 EPS of $13.93, $1.24 better than the analyst estimate of $12.69. Revenue for the quarter came in at $2.55 billion versus the consensus estimate of $2.58 billion.
Sees Q3 EPS of $28.30-$29.30, versus the consensus of... More
