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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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July 1, 2015
17:08 EDTQUNRQunar receives final judgement in dispute with eLong
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05:54 EDTCTRPCtrip.com recommended into Q2 earnings report at Piper Jaffray
Piper Jaffray analyst Michael Olson recommends owning shares of Ctrip.com into the company's Q2 earnings report. Olson views China travel fundamentals as solid and sees potential for Ctrip's margin expansion to top expectations. He reiterates an Overweight rating on the stock with a $91 price target.

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