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Fly News Breaks for August 18, 2015
HTHT
Aug 18, 2015 | 07:38 EDT
Brean Capital raised its price target on China Lodging to $32 from $28 following solid Q2 results. The firm noted the company raised guidance and continues to execute in a challenging macro environment. Brean Capital remains positive on overall travel industry growth in China and sees China Lodging as a strong industry player increasing its market share gains and solid execution. Brean Capital reiterated its Buy rating on China Lodging shares.
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