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Fly News Breaks for July 13, 2015
CTRP
Jul 13, 2015 | 05:46 EDT
Summit Research analyst Henry Guo says the recent weakness in shares of Ctrip.com creates a buying opportunity. Guo sees multiple near-term catalysts for the stock, including favorable travel industry trends, and believes Q2 consensus revenue estimates may prove conservative. He reiterates a Buy rating on the stock with a $122 price target.
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