Travelocity.com Climbs 1.2% After Pru Lifts Target

Travelocity.com

(TVLY)

was up 1.2% in midmorning.

Prudential Securities

raised its 12-month price target on the stock to $38 from $25.

Strong January traffic at the online travel site could signal a slightly better-than-expected first quarter, Pru analysts concluded.