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Fly News Breaks for October 8, 2015
HTHT
Oct 8, 2015 | 06:54 EDT
Goldman upgraded China Lodging to Buy and raised its price target to $32 from $24.10. Analyst Justin Kwok believes China Lodging is well positioned versus peers with a strong pipeline of new hotels, exposure to Shanghai Disney Resort tourist flows, the expected strategic alliance with Accor, and potential for investor friendly capital management initiatives.
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