Market Overview

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

Share:
Related PCLN
Travel Stocks And The Tourism Industry: Investing As The Market Boom Continues
A Peek Into The Markets: U.S. Stock Futures Flat Ahead Of GDP Report

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

DateFirmActionFromTo
Feb 2018Deutsche BankMaintainsHoldHold
Jan 2018Wells FargoMaintainsMarket PerformMarket Perform
Dec 2017MKM PartnersDowngradesBuyNeutral

View More Analyst Ratings for PCLN
View the Latest Analyst Ratings

Posted-In: Upgrades Downgrades Price Target Analyst Ratings

 

Related Articles (PCLN + TRIP)

View Comments and Join the Discussion!