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Stock Market & Financial Investment News

News Breaks
June 23, 2014
10:46 EDTOPEN, PCLNOpenTable held talks with other bidders before Priceline, says dealReporter
OpenTable (OPEN) held talks with other bidders before agreeing to be acquired by Priceline (PCLN) for $103 per share, dealReporter said citing sources. Although a higher bid is unlikely, it could not be ruled out according to the source, and the source said Yahoo (YHOO) is the most likely bidder.
News For OPEN;PCLN From The Last 14 Days
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March 20, 2015
07:00 EDTPCLNPriceline bookings tracking towards upper end of guidance, says Cantor
After conducting checks on global search traffic to Booking.com and other Priceline brands through mid- March, Cantor thinks the checks suggest that the company's bookings are tracking towards the upper end of management's guidance this quarter. The firm keeps a $1,360 price target and Buy rating on the shares.
March 18, 2015
06:02 EDTPCLNPriceline shares inexpensive 'by many measures,' says Piper Jaffray
Piper Jaffray says its conclusion from several valuation analyses is that shares of Priceline are inexpensive "by many measures." When compared to a comp group of hotel companies, the stock trades at a "material discount," Piper states. It believes shares are worth in excess of its $1,375 price target. The firm reiterates an Overweight rating on the name.

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