Home Inns & Hotels (HMIN) Reports Break-Even Q1
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Brean Capital Lowers PT on Home Inns & Hotels (HMIN) Upon Continued Macro Headwind
May 13, 2015 6:39 AM EDTBrean Capital maintains their Buy rating on Home Inns (NASDAQ: HMIN), and lowers the price target to $39.00 (from $47.00), upon continued macro headwinds. HMIN reported net revenue at RMB 1,382mm, which was on par with consensus. HMIN guided 2Q15 net revenue of RMB 1,570-1,598mm, below consensus of RMB 1,633mm. This... More
