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Fly News Breaks for August 28, 2015
QUNR
Aug 28, 2015 | 07:41 EDT
As noted earlier, Stifel upgraded Qunar to Buy from Hold. As reasons for the upgrade, the firm cited valuation, and what it sees as the company's rapid revenue growth and strong margin expansion strategy, along with its reduced competition and "solid" travel trends in China. Target $44.
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