Nomura Upgrades Priceline.com (PCLN) to Neutral Ahead of Q1 Results

Article Stock Quotes (1) Comments (0)

Shares of Priceline.com (NASDAQ: PCLN) are indicated for a lower open Monday morning despite an earlier upgrade from Nomura's Brian Nowak. The analyst lifted his investment rating on the stock from Reduce to Neutral, and boosted his price target from $670 to $725.

The upgrade comes ahead of Priceline's first-quarter results, expected out on Wednesday, May 9th. Analysts are currently looking for EPS of $3.94 on sales of $1.04 billion. The company generally reports just a few minutes after the closing bell.

Priceline.com shares last traded at $734.10, down about 0.3 percent from Friday's close.

For an analyst ratings summary and ratings history on priceline.com click here. For more ratings news on priceline.com click here.

---

Join StreetInsider.com FREE and get immediately alerted when news breaks on your stocks and other market items - JOIN NOW

---

*NEW - Download StreetInsider's FREE iPhone and iPad App - Click Here

---

---

You May Also Be Interested In

• UPDATE: Leerink Swann Upgrades Bristol-Myers Squibb Co. (BMY) to Outperform
• New York City Is #1 Destination For Memorial Day 2013
• CRT Capital Upgrades Standard Pacific (SPF) to Buy

Create E-mail Alert Related Categories

Upgrades

Related Entities

Nomura

Add Your Comment

Name

Subject

Body

Share on Facebook

Verification
can't see the text?
click here to refresh the image.
what's this?