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Fly News Breaks for September 13, 2019
CTRP
Sep 13, 2019 | 07:52 EDT
Cowen analyst Kevin Kopelman raised his price target on Ctrip to $40 from $36 following Q2 results. The analyst raised his target to reflect his growing confidence in margin expansion and noted margins remain strong and on track for +20%+ in 2020. Kopelman reiterated his Outperform rating on Ctrip shares.
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