Qunar (QUNR) Posts Q1 Loss of 27c/ADS
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Aegis Cuts PT on Qunar (QUNR) to $30; Still Sees Potential to Become Major Online Travel Service in China
May 16, 2014 10:12 AM EDTAegis Cpaital affirms its Hold rating on Qunar Cayman Islands (Nasdaq: QUNR), but moves its price target from $36 down to $30 following Q1 results.
Analyst Yi Chen noted that Qunar's revenue of $54 million topped his expectation of $51.4 million, while the loss of $.27 per ADS... More
