UPDATE: JP Morgan Raised PT to $835 on Priceline.com; Higher Bookings Offset Lower Margins
February 27, 2013 at 13:47 PM EST
JP Morgan maintained Priceline.com (NASDAQ: PCLN ) with an Overweight rating and raises the price target from $740.00 to $835.00. JP Morgan commented, "We continue to like the trade-off of lower margins for higher top-line growth given Priceline's large overall market opportunity, and also considering the company's large base and
