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What's Up With PCLN Rally?

|Includes: Booking Holdings Inc. (BKNG)

Past few weeks have been terrific for PCLN. recently analysts from Piper Jaffray cited that this stock would hit $1000 in next 2 years.

While the company has a lot of growth potential in europe and emerging nations, I am still very curious if this is rather too quick upward momentum for PCLN? Only market will decide if this is sustainable?.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.