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Stock Market & Financial Investment News

News Breaks
January 13, 2014
06:16 EDTQUNR, CTRPCtrip.com price target lowered to $42 from $56 at Piper Jaffray
Piper Jaffray lowered its price target for Ctrip.com (CTRP) shares to $42 citing the "intensely" promotional and competitive Chinese travel environment. Piper notes shares are down 20% since competitor Qunar (QUNR) announced on January 3 that it has the number one mobile app for air-ticket booking. The firm keeps a Neutral rating on shares of Ctrip.
News For CTRP;QUNR From The Last 14 Days
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November 28, 2014
06:43 EDTCTRPCtrip.com downgraded to Equal Weight from Overweight at Morgan Stanley
Note that JPMorgan also downgraded Ctrip.com today.
05:59 EDTCTRPCtrip.com downgraded to Neutral from Overweight at JPMorgan
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November 26, 2014
10:14 EDTCTRPCtrip.com falls sharply after earnings, levels to watch
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10:11 EDTCTRPOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 21Vianet (VNET) downgraded to Hold from Buy at Canaccord... Agrium (AGU) downgraded to Underperform from Neutral at BofA/Merrill... Cinemark (CNK) downgraded to Hold from Buy at Topeka... Copa Holdings (CPA) downgraded to Neutral from Overweight at JPMorgan... Ctrip.com (CTRP) downgraded to Equal Weight from Overweight at Barclays... Cubic (CUB) downgraded to Hold from Buy at Needham... Helix Energy (HLX) downgraded at Morgan Stanley... Louisiana-Pacific (LPX) downgraded to Underperform from Sector Perform at RBC Capital... U.S. Silica (SLCA) downgraded to Market Perform at Wells Fargo.
09:46 EDTCTRPCtrip.com downgraded to Neutral from Buy at UBS
08:49 EDTCTRPCtrip.com downgraded to Equal Weight from Overweight at Barclays
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07:19 EDTCTRPCtrip.com price target lowered to $64 from $74 at Brean Capital
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07:05 EDTCTRPCtrip.com downgraded to Market Perform from Outperform at Raymond James
05:37 EDTCTRPCtrip.com price target lowered to $49 from $55 at Piper Jaffray
Piper Jaffray lowered its price target for Ctrip.com shares to $49 saying the company's Q4 margin outlook suggests increasing competitive pressure. Piper says its "unclear" when the margin pressure will ease and reiterates a Neutral rating on the stock.
November 25, 2014
17:02 EDTCTRPCtrip.com sees Q4 revenue growth approximately 30% YoY, consensus $315.3M
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17:01 EDTCTRPCtrip.com reports Q3 adjusted EPS 36c, consensus 20c
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November 21, 2014
16:34 EDTCTRPRoyal Caribbean, Ctrip.com announce joint venture through SkySea Cruises
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06:17 EDTQUNRQunar initiated with a Neutral at HSBC
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06:17 EDTCTRPCtrip.com initiated with an Overweight at HSBC
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