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The Priceline Group (PCLN) PT Lowered to $2,000 at Needham & Company

November 7, 2017 6:46 AM EST

Needham & Company lowered its price target on The Priceline Group (NASDAQ: PCLN) to $2,000.00 (from $2,200.00) while maintaining a Buy rating following strong Q3 results but lower Q4 guidance.

Analyst Laura Martin notes "As PCLN shifts money out of performance marketing into brand advertising (ie, TV),... More