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Fly News Breaks for May 9, 2017
HTHT
May 9, 2017 | 07:41 EDT
JPMorgan analyst Leon Chik raised his price target for China Lodging Group to $90 ahead of tomorrow's Q1 results. The analyst expects higher room rates and "significant" operating leverage to drive "strong" earnings growth for the quarter. Chik keeps an Overweight rating on the shares.
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