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By: Benzinga
UPDATE: JP Morgan Raised PT to $835 on Priceline.com; Higher Bookings Offset Lower Margins
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
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