Priceline (PCLN) PT Raised to $1320 at Evercore ISI
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Janney Capital Remains Sidelined on The Priceline Group (PCLN) Following a Strong 4Q
February 17, 2016 3:51 PM ESTJanney Capital reiterated a Neutral rating on The Priceline Group (NASDAQ: PCLN), and cut the price target to $1,275.00 (from $1,225.00), following the company's 4Q earnings report. PCLN reported 4Q15 revenue of $2B and adjusted EBITDA of $790M. This was above expectations for $1.96B and $751M. On the call, management... More
RBC Capital Reiterates Bullish View on The Priceline Group (PCLN)
February 17, 2016 12:06 PM ESTRBC Capital analyst Mark Mahaney reiterated an Outperform rating and $1700 price target on The Priceline Group (NASDAQ: PCLN) after a Q4 beat and solid outlook.
The keys to the quarter, according to Mahaney: 1) Organic Growth Trends Very Robust 29% Y/Y Intl Bookings... More
The Priceline Group (PCLN) Tops Q4 EPS Expectations
February 17, 2016 7:06 AM ESTThe Priceline Group (NASDAQ: PCLN) reported Q4 EPS of $12.63, $0.83 better than the analyst estimate of $11.80. Revenue for the quarter came in at $2 billion versus the consensus estimate of $1.96 billion.
Fourth quarter gross travel bookings for The Priceline Group, which refers to the total dollar value, generally inclusive of all taxes and fees, of all travel services purchased by its customers, net of cancellations, were $12.0 billion, an increase of 13... More
