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Priceline Group Inc Down On Evercore Downgrade, TripAdvisor Inc Higher On Upgrade

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In a note out Friday morning, Evercore lowered its price target on Priceline Group Inc (NASDAQ: PCLN) from $1,450 to $1,350 and also went from Overweight to Equal-weight, based on concerns about competition from Google Inc.

In the same note, Evercore upped its price target on TripAdvisor Inc (NASDAQ: TRIP) from $85 to $110, and raised it from Underweight to Equal-weight, citing improved efficiency.

Shares of Priceline Group Inc were lower by 2.5 percent. Tripadvisor Inc was about even for the day.

Latest Ratings for PCLN

Aug 2016Evercore ISI GroupUpgradesHoldBuy
Aug 2016Goldman SachsMaintainsNeutral
Aug 2016UBSMaintainsBuy

View More Analyst Ratings for PCLN
View the Latest Analyst Ratings

Posted-In: Upgrades Downgrades Price Target Analyst Ratings


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