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Fly News Breaks for May 14, 2015
CTRP
May 14, 2015 | 06:35 EDT
Oppenheimer analyst Ella Ji upgraded Ctrip.com to Outperform citing "strong" revenue momentum following the company's Q1 results. Ji expects Ctrip.com's top-line growth will reaccelerate to 45% in 2015 from 35% last year. The analyst has an $80 price target on the Chinese consolidator of hotel accommodations. The stock is trading up $7.24 to $72.60 in the pre-market.
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