Qunar Reports Third Quarter 2015 Financial Results

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Summit Research Says Investors May Need to Lower Expectations for Qunar (QUNR); Reiterates Hold

November 25, 2015 7:54 AM EST

Summit Research reiterated a Hold rating and $36.00 price target on Qunar Cayman Islands (NASDAQ: QUNR) after visiting with management. Summit Believes synergy between Ctrip and Qunar will take time, and investors may need lower their expectations. Currently Qunar management is working on the employee... More