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Fly News Breaks for October 12, 2015
CTRP
Oct 12, 2015 | 06:47 EDT
Piper Jaffray analyst Michael Olson recommends owning shares of Ctrip.com into the company's Q3 earnings report. Ctrip will report upside to investor margin expectations on lowered couponing expense while its top-line growth should be strong on "consistent strength" in China travel, Olson tells investors in a research note. He reiterates an Overweight rating on the stock with a $91 price target.
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