Raymond James Upgrades Ctrip.com (CTRP) to Strong Buy

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Summit Research 'Aggressive' Buyers of Ctrip (CTRP); PT Lifted to $122

May 26, 2015 7:00 AM EDT

Summit Research analyst Henry Guo reiterated a Buy rating and boosted his price target on Ctrip.com (NASDAQ: CTRP) to $122.00 (from $80.00), saying they have become aggressive buyers of the stock.

Guo commented, "CTRP shares were up strongly last Friday after the company announced its acquisition of... More