AllThingsD » Susquehanna Investment Group http://allthingsd.com Sun, 12 Feb 2012 02:05:24 +0000 en hourly 1 http://wordpress.org/?v=3.3.1 http://allthingsd.com/theme/images/logo-rss.jpg All Things Digital http://allthingsd.com/ 144 22 Priceline: Susquehanna Cuts Rating After Recent Rally http://allthingsd.com/20090107/priceline-susquehanna-cuts-rating-after-recent-rally/ http://allthingsd.com/20090107/priceline-susquehanna-cuts-rating-after-recent-rally/#comments Wed, 07 Jan 2009 14:13:18 +0000 Eric Savitz http://voices.allthingsd.com/?p=7401 Priceline (PCLN) shares are under pressure this morning after Susquehanna Investment Group analyst Marianne Wolk this morning cut her rating on the stock to Neutral from Positive. She says the shares have rallied significantly “and now discount more of the positive in the story,” including a resilient Name Your Own Price business, a highly variable cost structure, a declining share count and a more favorable currency environment. She says the stock is now less compelling “given the macro challenges facing it and the rest of the [online travel agency] industry.”

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