Standard & Poor’s analyst Scott Kessler late Thursday cut his rating on Priceline.com (PCLN) to Hold from Buy on a valuation basis. Kessler notes that the stock has rallied 38 percent off an early February low, and is closing in on his $100 price target.
Along with original content and posts from across the Dow Jones network, this section of AllThingsD includes Must-Reads From Other Websites — pieces we’ve read, discussions we’ve followed, stuff we like. Six posts from external sites are included here each weekday, but we only run the headlines. We link to the original sites for the rest. These posts are explicitly labeled, so it’s clear that the content comes from other websites, and for clarity’s sake, all outside posts run against a pink background.
We also solicit original full-length posts and accept some unsolicited submissions.
