Close

Ctrip.com (CTRP): Raising PT After Margin Improvement - Instinet

Go back to Ctrip.com (CTRP): Raising PT After Margin Improvement - Instinet

Ctrip (CTRP) PT Bumed to $54 at Brean Capital Following Strong Results

November 25, 2016 10:54 AM EST

Brean Capital analyst Fawne Jiang reiterated a Buy rating and boosted his price target on Ctrip.com (NASDAQ: CTRP) to $54.00 (from $52.00) citing robust profit growth on operating leverage.

Jiang commented, "We are positive on CTRP and believe the stock presents a unique opportunity for investors. We see a number of levers... More