Ctrip.com price target lowered to $58 from $72 at Stifel Stifel reduced its price target on Ctrip.com after the company reported lower than expected adjusted EBITDA on margin compression. The firm believes that couponing is weighing on the company's profits, but expects the company to continue generating rapid growth and keeps a Buy rating on the shares.
Ctrip.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.