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By: Benzinga
February 27, 2013 at 15:09 PM EST
UPDATE: JG Capital Reiterates Overweight Rating, Raises PT on Priceline.com on Strong Q4:12 Results & Guidance
In a report published Wednesday, JG Capital reiterated its Overweight rating on Priceline.com (NASDAQ: PCLN ), and raised its price target to $800.00. JG Capital noted, “For Q4:12, Sales increased 20% y/y to $1.19B, in-line with our estimate of $1.2B. Non-GAAP net income rose 26% to $349M or $6.77 a
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