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Stock Market & Financial Investment News

News Breaks
June 26, 2014
10:56 EDTCTRPCtrip.com positioned to hit high end of revenue target, says Piper Jaffray
Piper Jaffray thinks Ctrip.com is positioned to achieve at least the high end of its 30%-35% revenue growth guidance, but not materially beat it, based on China hotel & air data for the first two months of Q2. However, the firm keeps its Neutral rating on the stock, citing competition risk and volatility in China travel fundamentals.
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