Tag Archives: pcln

Expedia’s Hotels.com Passes 25 Million App Downloads

Expedia’s (EXPE) unit Hotels.com said Tuesday that its mobile travel apps have been downloaded over 25 million times globally, setting a milestone for the hotel booking unit. Hotels.com also says it’s launched a new app specifically for Amazon.com (AMZN) Kindle Fire users. Expedia is continuing to make mobile app availability development a priority as rivals such as Priceline (PCLN) and China’s Ctrip.com International (CTRP) and metasearch travel

Priceline Boosted By PhoCusWright Meeting: Analyst

Priceline (PCLN) got a strong endorsement from Pacific Crest Securities analyst Chad Bartley following last week’s PhoCusWright online travel conference in Florida, and Priceline stock touched an all-time high. Bartley said in a Monday research report that one of his key takeaways from the event is that Priceline is “still the best positioned” online travel company, with the most attractive growth outlook and valuation in the online travel

Priceline Said Seeing Mobile, European Gains

Goldman Sachs on Wednesday raised its price target on Priceline (PCLN) stock to 1,500 from 1,260 and added the company to its “Conviction Buy List.” Priceline shares were up 2.5% in afternoon trading in the stock market today. The company ranks No. 10 in Wednesday’s midweek update of the IBD 50 listing of top-performing stocks. Goldman Sachs analyst Terry Heath, in a research report, said he sees “increasing upside potential” to his