In a report published Friday, Jefferies analyst Brian Fitzgerald reiterated a Buy rating on Priceline.com PCLN, and raised the price target from $1,005.00 to $1,130.00.
In the report, Jefferies noted, “Priceline reported a Beat quarter with solid performance across the board. All key geographies performed well (including Europe). Unit growth accelerated for all categories including rental car days and air tickets. We are increasing slightly our ests and setting a new PT of $1,130.”
Priceline.com closed on Thursday at $933.75.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
