Share on StockTwits (NASDAQ:PCLN)‘s stock had its “outperform” rating reiterated by research analysts at Credit Suisse in a report released on Thursday, Stock Ratings Network reports. They currently have a $1,450.00 price target on the stock, up from their previous price target of $1,275.00. Credit Suisse’s price objective points to a potential upside of 17.19% from the company’s current price.

The analysts wrote, “We reiterate our conviction in Outperform-rated Priceline as an open-ended growth story. Our proprietary work suggests significant runway remains, with share of fillable rooms from the 407k properties on the platform a modest ~7%, up from ~5% three years ago.”

Several other analysts have also recently commented on the stock. Analysts at Ned Davis Research upgraded shares of from a “neutral” rating to a “buy” rating in a research note on Monday. Separately, analysts at TheStreet reiterated a “buy” rating on shares of in a research note on Friday, February 7th. Finally, analysts at TheStreet reiterated a “positive” rating on shares of in a research note on Tuesday, January 28th. Three research analysts have rated the stock with a hold rating, twenty-eight have issued a buy rating and one has assigned a strong buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $1,170.55.

Shares of (NASDAQ:PCLN) opened at 1246.64 on Thursday. has a 1-year low of $665.05 and a 1-year high of $1249.60. The stock’s 50-day moving average is $1165. and its 200-day moving average is $1071.. The company has a market cap of $64.111 billion and a P/E ratio of 35.02. also was the target of a large decline in short interest during the month of January. As of January 31st, there was short interest totalling 849,541 shares, a decline of 37.9% from the January 15th total of 1,369,041 shares. Based on an average daily volume of 749,881 shares, the short-interest ratio is presently 1.1 days. Approximately 1.7% of the company’s stock are short sold.

Priceline Com Incorporated, is an online travel company that offers its customers hotel room reservations at over 295,000 hotels worldwide through the Booking.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.