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Fly News Breaks for August 11, 2017
PCLN
Aug 11, 2017 | 08:27 EDT
MKM Partners analyst Rob Sanderson says that Priceline reported "strong" earnings, He notes that the company's "key volume metrics" came in below expectations, but says that the company's "end markets remain healthy," while its "position remains best-in-class." He raised his price target on the shares to $2,225 from $2,050 and thinks that the weakness in the stock has created a buying opportunity.
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