UPDATE: Goldman Sachs Upgrades Priceline On Long-Term Competitive Advantages

In a report published Wednesday, Goldman Sachs analyst Heath Terry upgraded Priceline.com (NASDAQ: PCLN ) from a Buy rating to their Conviction List and raised the price target from $1,260 to $1,500. In the report, Goldman Sachs says "We are adding Priceline to the Conviction List and raising our 12-month