Ctrip.com Int'l (CTRP) Tops Q2 EPS by 3c

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Go back to Ctrip.com Int'l (CTRP) Tops Q2 EPS by 3c

Aegis Capital Cuts Ctrip.com (CTRP) to Hold; Valuation Full Following Q2 Results

August 1, 2014 9:11 AM EDT

Aegis Capital cuts Ctrip.com (Nasdaq: CTRP) from Buy to Hold and raises its price target from $60 up to $66.

Analyst Yi Chen commented, Earlier this week, Ctrip.com reported its 2014 2Q financial results. Net revenue was $277.6 mm, beating our projection of $267.1mm. This was primarily due to the continuing substantial growth in accommodation reservations and... More