Market Overview

UPDATE: JG Capital Initiates Priceline.com at Overweight; Exposed to Demand for Bargain Deals

Related PCLN
Alibaba Is A Long-Term Play, Options Guru Says
Jefferies, Credit Suisse Analysts Still Bullish On Priceline Following Earnings
Tech M&A Surges in 2Q (Fox Business)

JG Capital initiated coverage on Priceline.com (NASDAQ: PCLN) with an Overweight rating and a $780 price target.

JG Capital commented, "Priceline.com, in our view, is the best on-line travel site for bargain hunters. By taking suppliers' excess inventory and marking it down, Priceline.com is able to offer their customers very attractive discounts. Priceline.com doesn't disclose all of the details of their travel inventory. By foregoing convenience, Priceline.com users usually get the lowest price available, which bodes well in this slow growth economic environment."

Priceline.com closed at $ on Monday.

Latest Ratings for PCLN

DateFirmActionFromTo
Nov 2014Cantor FitzgeraldMaintainsBuy
Nov 2014JefferiesMaintainsBuy
Nov 2014Deutsche BankMaintainsBuy

View More Analyst Ratings for PCLN
View the Latest Analyst Ratings

Posted-In: JG CapitalAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (PCLN)

Around the Web, We're Loving...

Get Benzinga's Newsletters