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Barclays joins Credit Suisse in issuing a bullish rating on Priceline (PCLN +0.2%), and a...
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Thursday, August 25, 2011, 2:23 PM ETBarclays joins Credit Suisse in issuing a bullish rating on Priceline (PCLN +0.2%), and a neutral one on rival Expedia (EXPE); Orbitz (OWW) is also started at Neutral. Barclays sees the Internet developing into the "main distribution network" for the fragmented global travel bookings market, but is concerned about near-term macro trends.
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