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Morgan Stanley's Scott Devitt is upgrading Priceline (PCLN +1.9%) to Outperform and setting a...

Morgan Stanley's Scott Devitt is upgrading Priceline (PCLN +1.9%) to Outperform and setting a $650 PT. Like Credit Suisse, Devitt is bullish on Priceline's international growth potential, and expects significant share gains for its Booking.com site in the European hotel bookings market.
Comments (5)
  • wolverine27
    , contributor
    Comments (412) | Send Message
     
    one of the most ridiculous calls i have ever seen . this guy is probably in deep trouble with the stock and is trying to stop the avalanche.
    pcln is a joke .....another nflx in disguise. they dont own anything , just market another companies product.

     

    stock will 350 before 650.
    4 Oct 2011, 12:07 AM Reply Like
  • JFK6
    , contributor
    Comments (13) | Send Message
     
    could not agree with you more.... you think this report was "leaked" or just great timiming, as PCLN looked like it was going to break down near the 410ish levels. When is this collusion going to stop!
    6 Oct 2011, 02:33 PM Reply Like
  • wolverine27
    , contributor
    Comments (412) | Send Message
     
    this comes to an end when the market exposes these frauds . no stock is bigger then the market.
    if this market capitulates , the fund managers driving these very limited shares up the ladder will feed on themselves. they will cascade the problem of an orderly pullback .

     

    they get the bonuses on phony stock picking ....up 1100 % up 800 % .
    sound familiar .

     

    this is 2001 tech bubble all over again .
    6 Oct 2011, 02:36 PM Reply Like
  • JFK6
    , contributor
    Comments (13) | Send Message
     
    unfortunetly, even when the bubble burts, these crooks have been getting paid very well for a number of years...

     

    ... and at the end of the day, the crooks still have a ton of cash, while the regular "joe's" pay the piper...
    6 Oct 2011, 03:02 PM Reply Like
  • wolverine27
    , contributor
    Comments (412) | Send Message
     
    so true .

     

    its the same old story . they will walk and the poor retail customer will look at his 401k and say ..the market went to 13000 ...why am i still down 50 % from 2008 ?
    6 Oct 2011, 03:52 PM Reply Like
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