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Fly News Breaks for February 26, 2018
CTRP
Feb 26, 2018 | 09:09 EDT
TH Data Capital analyst Tian Hou downgraded Ctrip to Hold from Buy ahead of the company's Q4 report, due in mid to late March, as he expects the company to report revenue toward the low end of guidance after the Chinese government's new policies enacted in Q4 forced the company to make adjustments to its business. Hou thinks 2018 may be a transition year for Ctrip, he added.
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