The Priceline Group Agrees to Acquire Momondo Group

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Go back to The Priceline Group Agrees to Acquire Momondo Group

Jefferies Reiterates Buy on The Priceline Group (PCLN) Following Announced Agreement to Acquire Momondo

February 8, 2017 7:32 AM EST

Jefferies reiterated a Buy rating and $1,800.00 price target on The Priceline Group (NASDAQ: PCLN) following the company's announced agreement to acquire Momondo Group for $550MM in cash.

Analyst Brian Fitzgerald commented, "Priceline announced yesterday a definitive agreement to acquire Momondo Group... More