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Fly News Breaks for February 28, 2017
PCLN
Feb 28, 2017 | 07:39 EDT
Cantor analyst Naved Khan says that Priceline reported "solid" Q4 results. He thinks that the company's Q1 guidance "looks light on gross profit/EPS." But he is not concerned about that issue, as he says "it largely reflects the Easter shift and is accompanied by a reassuring outlook for room nights/bookings.".Khan keeps an Overweight rating on the shares.
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