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Stock Market & Financial Investment News

News For CTRP From The Last 14 Days
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April 9, 2015
10:05 EDTCTRPCtrip.com participates in a breakfast meeting with Piper Jaffray
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April 7, 2015
10:05 EDTCTRPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Carnival (CCL) upgraded to Outperform from Market Perform at Wells Fargo... Crown Castle (CCI) upgraded to Buy from Hold at Evercore ISI... Ctrip.com (CTRP) upgraded to Overweight from Neutral at Piper Jaffray... Demandware (DWRE) upgraded to Conviction Buy from Buy at Goldman... FirstEnergy (FE) upgraded at BofA/Merrill... Frontier Communications (FTR) upgraded to Neutral from Underperform at DA Davidson... JPMorgan (JPM) upgraded to Outperform from Market Perform at Bernstein... Pattern Energy (PEGI) upgraded to Outperform from Market Perform at Raymond James... Ralph Lauren (RL) upgraded to Buy from Outperform at CLSA... ResMed (RMD) upgraded to Outperform from Neutral at Credit Suisse... Ryanair (RYAAY) upgraded to Overweight from Neutral at JPMorgan... Splunk (SPLK) upgraded to Overweight from Neutral at Piper Jaffray... Total (TOT) upgraded at RBC Capital... Verifone (PAY) upgraded to Buy from Hold at Stifel... XL Group (XL) upgraded to Buy from Neutral at UBS.
05:36 EDTCTRPCtrip.com upgraded to Overweight from Neutral at Piper Jaffray
Piper Jaffray analyst Michael Olson upgraded Ctrip.com to Overweight saying the company is making the right investments to take further share of the Chinese travel market. Olson believes Ctrip.com's is positioned for margin expansion and that long-term investors should own the stock. He raised his price target for the name to $90 from $54. Shares of the hotel accommodations and airline tickets consolidator closed Monday at $61.17.

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