RBC's Key's to Priceline Group's (PCLN) Quarter

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The Priceline Group (PCLN) PT Raised to $1625 at Piper Jaffray Amid 'Significant' Q2 EPS Upside

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