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Fly News Breaks for March 6, 2017
PCLN
Mar 6, 2017 | 07:36 EDT
MKM Partners analyst Rob Sanderson raised Priceline's price target to $2,035 following the strong Q4, with accelerating room night growth and strong gross bookings despite currency headwinds. Sanderson sees Priceline as the largest beneficiary as the largest share player in the fastest growing bookings channel with the best business model structure and reiterates his Buy rating on shares.
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