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Trends bode well for Priceline Q2 results, says Cantor

After conducting checks in April and May, Cantor believes that Priceline's traffic and pricing suggest that the company has performed well in Q2. If the positive trends continue in June, Priceline's Q2 results should be in-line with or above the upper end of its guidance ranges, predicted the firm, which keeps a $1,410 price target and Buy rating on the stock.