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Fly News Breaks for May 5, 2016
PCLN
May 5, 2016 | 06:16 EDT
JPMorgan analyst Doug Anmuth views Priceline's Q2 guidance as conservative and recommends using yesterday's post-earnings selloff as a buying opportunity. The analyst does not believe Priceline has Performance marketing challenges. He lowered his price target for the shares to $1,495 from $1,510 and keeps an Overweight rating on the name.
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