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Fly News Breaks for September 8, 2015
PCLN
Sep 8, 2015 | 09:03 EDT
After conducting checks, Cantor says that hotel room rates have continued to improve in Europe and the U.S., excluding currency fluctuations. The firm adds that search data for Priceline websites have been positive. As a result of these trends, the firm thinks that the company's Q3 bookings are tracking at or above the company's guidance. It keeps a $1,480 price target and Buy rating on the shares.
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