Market Overview

UPDATE: Susquehanna Raises PT on on Long-Term Upside

Related PCLN
Priceline Shares Worth $1,480: Cantor
Use 'Best Of Breed' Stocks If You Want To Beat The Market
TripAdvisor Appoints Cimpress Executive Teunissen as CFO (Zacks)

In a report published Monday, Susquehanna International Group analyst Brian Nowak reiterated a Positive rating on (NASDAQ: PCLN), and raised the price target from $1,135.00 to $1,200.00.

In the report, Susquehanna International Group noted, “Our industry conversations indicate PCLN has continued its aggressive attack on the U.S. and Express Deals and were again notably strong in 3Q. As such, we raise our U.S. room night estimates by 5% and 13% in '13 and '14, respectively. PCLN is rapidly growing and taking share in the U.S., but we still only model it to reach 11% of the U.S. online hotel market by '14, which speaks to the long-term upside.” closed on Friday at $1,048.25.

Latest Ratings for PCLN

Sep 2015RedburnInitiates Coverage onBuy
Aug 2015Janney Capital
Jun 2015Deutsche BankDowngradesBuyHold

View More Analyst Ratings for PCLN
View the Latest Analyst Ratings

Posted-In: Brian Nowak Susquehanna International GroupAnalyst Color Price Target Analyst Ratings


Related Articles (PCLN)

View Comments and Join the Discussion!

Get Benzinga's Newsletters