Barclays joins Credit Suisse in issuing a bullish rating on Priceline (PCLN +0.2%), and a...

|About: The Priceline Group Inc. (PCLN)|By:, SA News Editor

Barclays 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.