UPDATE: Goldman Sachs Reiterates Buy Rating, Raises PT on Priceline.com on 4Q Results, 1Q Guidance
February 27, 2013 at 13:45 PM EST
In a report published Wednesday, Goldman Sachs reiterated its Buy rating on Priceline.com (NASDAQ: PCLN ), and raised its price target from $770.00 to $825.00. Goldman Sachs noted, “Priceline reported 4Q gross bookings growth of 33% yoy vs. consensus and the high end of guidance at 28%. Non-GAAP EPS of