Ctrip.com (CTRP) Tops Q1 EPS by 9c, Beats on Revenue

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Go back to Ctrip.com (CTRP) Tops Q1 EPS by 9c, Beats on Revenue

Ctrip.com (CTRP) PT Raised to $64 at BofA/Merrill Lynch Following 1Q Beat; 'Margin Expansion on Track, Stronger Hotel Offsets Weakness in Air'

May 12, 2017 6:59 AM EDT

BofA/Merrill Lynch raised its price target on Ctrip.com (NASDAQ: CTRP) to $64.00 (from $58.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Binnie Wong notes the company reported first quarter earnings per share and revenues above consensus projections, as... More

Ctrip.com (CTRP) PT Raised to $65 at Oppenheimer Following 1Q

May 11, 2017 10:01 AM EDT

Oppenheimer raised its price target on Ctrip.com (NASDAQ: CTRP) to $65.00 (from $60.00) while maintaining a Outperform rating. non-GAAP operating margins (15.4%) improved 1,500bps y/y on higher customer-service efficiencies and scaling of tech platform. Net revenue was up +46% y/y, 2% above the Street estimates.

2Q... More