FBR Capital Downgrades priceline.com To Market Perform, Shares Slip

Analysts at FBR Capital downgraded priceline.com (NASDAQ: PCLN) from Outperform to Market Perform.

The price target for priceline.com is set to $1,225.

priceline.com shares have dropped 1.98% over the past 52 weeks, while the S&P 500 index has gained 14.39% in the same period.

priceline.com's shares fell 1.44% to $1,136.60 in pre-market trading.