Tough Q3 Comp Looms for priceline.com (PCLN), Janney Capital Says; FV Target Trimmed
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Go back to Tough Q3 Comp Looms for priceline.com (PCLN), Janney Capital Says; FV Target Trimmed
May 8, 2014 2:13 PM EDT
Raymond James upgraded priceline.com (NASDAQ: PCLN) from Outperform to Strong Buy.
For an analyst ratings summary and ratings history on priceline.com click here. For more ratings news on priceline.com click here.
Shares of priceline.com closed at $1131.74 yesterday.
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May 8, 2014 11:36 AM EDT
Susquehanna analyst Brian Nowak reiterated a Positive rating and $1,500 price target on priceline.com (NASDAQ: PCLN) following 'strong' Q1 results and 'likely conservative' guidance. The analyst also notes $50+ in earnings power even in an investment year.
Nowak notes, "PCLN reported strong 1Q results... More
May 8, 2014 7:04 AM EDT
Priceline.com, Inc. (NASDAQ: PCLN) reported Q1 EPS of $7.81, $0.90 better than the analyst estimate of $6.91. Revenue for the quarter came in at $1.64 billion versus the consensus estimate of $1.63 billion.
Priceline.com, Inc. sees Q2 2014 EPS of $11.22-$12.02, versus the consensus of $12.27.
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