Priceline Group posts third-quarter profit rise, shares fall on fourth-quarter guidance

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The Priceline Group (PCLN) PT Lowered to $2,050 at Barclays on 3Q Report; 'Conservative Guidance as Expected but Fundamentals are Solid'

November 7, 2017 11:48 AM EST

Barclays lowered its price target on The Priceline Group (NASDAQ: PCLN) to $2,050.00 (from $2,150.00) while maintaining a Overweight rating, following the company's third quarter earnings report.

Analyst Deepak Mathivanan notes a reduced price target outlook on the shares, as the company reported third... More