China Lodging Group (HTHT) Reports Q2 EPS of RMB2.59, Offers Outlook
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Brean Capital Raises Price Target on China Lodging Group (HTHT) to $32 Following 2Q16
August 18, 2015 6:56 AM EDTBrean Capital reiterated a Buy rating on China Lodging Group (NASDAQ: HTHT), and raised the price target to $32.00 (from $28.00), following the company's 2Q16 earnings results. HTHT reported 2Q results with net revenue of RMB 1,457.8mm exceeding consensus of RMB 1,420mm. HTHT guided net revenue growth of 11.5%-13.5% YoY, implying net revenue of RMB 1,547-1,575mm... More
