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Fly News Breaks for April 12, 2017
PCLN
Apr 12, 2017 | 07:18 EDT
Cantor analyst Naved Klein says that the firm's Q1 checks on Priceline indicate that the company's "room nights growth and bookings for the quarter likely tracked toward the upper end of...guidance and our expectations." The analyst says that the company benefited from improving hotel rate trends in Europe and "healthy growth in global air travel." He keeps an $1,850 price target and an Overweight rating on the shares.
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