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

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

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."