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Stock Market & Financial Investment News

News For CTRP From The Last 14 Days
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August 28, 2015
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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