ZTO Reports Third Quarter 2017 Unaudited Financial Results
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ZTO Express (ZTO) PT Raised to $21 at Morgan Stanley Following 3Q
November 22, 2017 9:59 AM ESTMorgan Stanley raised its price target on ZTO Express (NYSE: ZTO) to $21.00 (from $18.70) while maintaining a Overweight rating following the company's 3Q. Both volumes and ASP beat forecasts by 2.1% in 3Q17, led by further market share gains with better-than-expected pricing control.
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