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Fly News Breaks for December 12, 2018
CTRP
Dec 12, 2018 | 16:16 EDT
Mizuho analyst James Lee assumed coverage of Ctrip with a Neutral rating and $31 price target, down from the firm's prior Buy rating. He believes "the bar has been reset" for macro uncertainties and thinks competition concerns about Meituan Dianping are overstated, he tells investors.
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