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Stock Market & Financial Investment News

News Breaks
June 25, 2014
08:12 EDTCTRPCtrip.com downgraded to Outperform from Strong Buy at Raymond James
Raymond James downgraded Ctrip.com to Outperform from Strong Buy due to valuation.
News For CTRP From The Last 14 Days
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August 28, 2015
10:02 EDTCTRPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ADP (ADP) upgraded to Outperform from Market Perform at William Blair... ASML (ASML) upgraded to Buy from Hold at Berenberg... Abercrombie & Fitch (ANF) upgraded on Hollister fundamentals at RBC Capital... Akamai (AKAM) upgraded to Outperform from Market Perform at JMP Securities... Ares Capital (ARCC) upgraded to Outperform from Market Perform at Raymond James... Banco Santander (SAN) upgraded on valuation at Deutsche Bank... CIBC (CM) upgraded to Neutral from Underperform at Credit Suisse... Canon (CAJ) upgraded to Hold from Sell at Deutsche Bank... Citi (C) upgraded to Buy from Neutral at Guggenheim... Ctrip.com (CTRP) upgraded to Buy from Hold at Stifel... El Pollo Loco (LOCO) upgraded at Stifel... Genomic Health (GHDX) upgraded to Market Perform from Underperform at Raymond James... Golar LNG (GLNG) upgraded on valuation, upcoming project completion at Stifel... Habit Restaurants (HABT) upgraded to Buy from Hold at Stifel... Helmerich & Payne (HP) upgraded to Overweight from Equal Weight at Stephens... Himax (HIMX) upgraded to Outperform from Neutral at Credit Suisse... Huntington Bancshares (HBAN) upgraded to Buy from Neutral at Guggenheim... InterContinental (IHG) upgraded to Outperform from Neutral at Credit Suisse... Knight Transportation (KNX) upgraded to Strong Buy on valuation at Raymond James... LogMeln (LOGM) upgraded to Overweight from Sector Weight at Pacific Crest... Patterson Companies (PDCO) upgraded to Overweight from Neutral at Piper Jaffray... Qunar (QUNR) upgraded on valuation, positive catalysts at Stifel... Regions Financial (RF) upgraded to Buy from Neutral at Guggenheim... Ryder (R) upgraded to Strong Buy from Outperform at Raymond James... SVB Financial (SIVB) upgraded to Buy from Neutral at DA Davidson... Seagate (STX) upgraded to Buy from Hold at Cross Research... Sinopec (SNP) upgraded to Neutral from Sell at Citi... Summit Hotel Properties (INN) upgraded to Outperform at Baird... Texas Capital (TCBI) upgraded to Buy from Neutral at DA Davidson... The Medicines Co. (MDCO) upgraded to Buy from Hold at Jefferies... U.S. Bancorp (USB) upgraded to Buy from Neutral at Guggenheim... Weatherford (WFT) upgraded to Overweight from Equal Weight at Stephens.
07:18 EDTCTRPCtrip.com upgraded to Buy from Hold at Stifel
Stifel upgraded Ctrip.com to Buy and established an $88 price target. The firm upgraded shares based on valuation and said revenue growth remains very strong, margins are expanding, China travel demand is solid, and industry competition has been reduced.
August 20, 2015
07:20 EDTCTRPCitigroup to hold a conference
Hong Kong / China Corporate Day is being held in Hong Kong on August 20.
August 14, 2015
05:55 EDTCTRPCtrip.com pullback a buying opportunity, says Piper Jaffray
Piper Jaffray analyst Michael Olson views the recent pullback in shares of Ctrip.com as a buying opportunity and reiterates an Overweight rating on the name with a $91 price target. Shares have sold off 9% in the face of the 3% devaluation of the Chinese RMB, Olson tells investors in a research note. Olson believes the devaluation is likely to have a limited impact on Ctrip.com's revenue and thinks the selloff in shares is an overreaction.

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