After hosting an Investors Forum and Internet tour for Chinese companies, CLSA upgraded Ctrip (CTRP) to Buy, stating that the recent correction in the stock is a buying opportunity. Chinese Internet companies said they have seen very little impact from the slowing economy, the firm tells investors in its sector note. The firm kept its $85 price target on Ctrip shares. CLSA, which called JD.com (JD), Alibaba (BABA), Tencent (TCEHY) and Ctrip as its top picks in the space, also upgraded Baidu (BIDU) to Buy from Underperform this morning.
News For CTRP;JD;BABA;TCEHY;BIDU;CTRP;JD;BABA;TCEHY;BIDU From the Last 2 Days
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