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Fly News Breaks for October 15, 2015
PCLN, TRIP
Oct 15, 2015 | 07:25 EDT
After Priceline (PCLN) launched a partnership with TripAdvisor (TRIP), Oppenheimer expects the deal to accelerate the international adoption of TripAdvisor's Instant Booking offering while raising its conversions. The firm thinks that TripAdvisor's stock could be volatile in the near-term, but it recommends that long-term investors buy the shares on "any sustained weakness."Oppenheimer keeps a $97 price target and Outperform rating on TripAdvisor.
News For TRIP;PCLN From the Last 2 Days
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