Seeking Alpha

Wedbush initiates coverage on Priceline (PCLN -1.7%) at Outperform with a price target of $675 -...

Wedbush initiates coverage on Priceline (PCLN -1.7%) at Outperform with a price target of $675 - indicating 28% upside potential for shares. "With Internet usage rates increasing globally, we believe that online travel commerce will continue to grow, presenting major opportunities."
Comments (1)
  • wolverine27
    , contributor
    Comments (412) | Send Message
     
    no idea where they get their valuations . this stock makes no sense technically or fundamentally.

     

    they dont own a product . ...sound familiar ? netflix ? in the age of technology they will eventually get pushed out by the very people they do business with . the hotel chains will run their own apps and offer discounts online without the 3rd party .
    priceline has been pumped up by institutions and will eventually be dumped.
    15 Sep 2011, 09:33 PM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Tools
Find the right ETFs for your portfolio:
Seeking Alpha's new ETF Hub
ETF Investment Guide:
Table of Contents | One Page Summary
Read about different ETF Asset Classes:
ETF Selector

Next headline on your portfolio:

|