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Fly News Breaks for January 27, 2016
EXPE, TRIP, PCLN
Jan 27, 2016 | 06:02 EDT
Goldman Sachs analyst Heath Terry downgraded Priceline (PCLN) to Neutral saying the environment for online travel agents is becoming less favorable amid high occupancy and rising competition from alternative accommodation providers. Terry cut his price target for the shares to $1,200 from $1,500. He continues to believe Priceline is the best positioned in the space, however. The analyst this morning also downgraded TripAdvisor (TRIP) to Sell and kept a Neutral rating on Expedia (EXPE).
News For PCLN;TRIP;EXPE From the Last 2 Days
TRIP
TRIP
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