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YTRA Yatra $4.88 -0.22 (-4.31%) , MMYT MakeMyTrip $27.74 1.13 (4.25%) 07:00 02/04/19 02/04 07:00 02/04/19 07:00 Downgrade	Yatra, MakeMyTrip rating change at Oppenheimer » Oppenheimer downgrades… Oppenheimer downgrades Yatra to Perform on lack of catalysts. Oppenheimer analyst Jed Kelly downgraded Yatra Online (YTRA) to Perform from Outperform and removed his prior $8 price target. The analyst sees a lack of near-term catalysts for the shares. The stock will likely be range-bound based on decelerating revenue trends, Kelly tells investors in a research note. The analyst forecasts fiscal 2020 marketing leverage of up 370 basis points year-over-year, which he calls "underwhelming" for an emerging market company growing revenue in the mid-teens. Further, this should also limit the narrative that Yatra's corporate segment is a differentiator to MakeMyTrip (MMYT), says Kelly. YTRA Yatra $4.88 -0.22 (-4.31%) MMYT MakeMyTrip $27.74 1.13 (4.25%) 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
MMYT MakeMyTrip $24.36 (0.00%) 07:34 01/24/19 01/24 07:34 01/24/19 07:34 Earnings	MakeMyTrip reports Q3 adjusted EPS (14c), consensus (37c) » Reports Q3 adjusted… Reports Q3 adjusted revenue $179.9M, consensus $165.5M. Reports gross bookings increased 31.9% YoY in Q3 to $1.4B. Deep Kalra, Group Chairman and Group CEO, said, "Our focused execution during the quarter has allowed us to gain further market share, reaccelerate the year on year growth rate in total gross bookings, adjusted revenue, standalone hotel room nights and drive greater marketing and promotional spend efficiencies to further narrow our operating losses." 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	24 Jan

Over a month ago
MMYT MakeMyTrip $23.34 0.35 (1.52%) 10:17 11/27/18 11/27 10:17 11/27/18 10:17 Upgrade	MakeMyTrip rating change » MakeMyTrip upgraded to… MakeMyTrip upgraded to Buy after pullback at Nomura Instinet. As previously reported, Nomura Instinet analyst Ashwin Mehta upgraded MakeMyTrip to Buy from Neutral following the stock having corrected by about 45% from its peak on concerns of possibly weaker air traffic growth and moderation of the company's Hotels & Packages growth. Mehta continues to believe break-even is likely in FY21, which is a year later than management indications, but is enthused by the rationalization of discounting visible in the firm's survey of hotels and signs of lower competitive intensity in H&P, the analyst tells investors. Mehta lowered the price target on MakeMyTrip shares to $31 from $35. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
MMYT MakeMyTrip $23.27 0.28 (1.22%) 10:08 11/27/18 11/27 10:08 11/27/18 10:08 Upgrade	MakeMyTrip rating change at Nomura Instinet » MakeMyTrip upgraded to… MakeMyTrip upgraded to Buy from Neutral at Nomura Instinet 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial

Over a quarter ago
MMYT MakeMyTrip $23.95 0.06 (0.25%) 04:55 11/16/18 11/16 04:55 11/16/18 04:55 Conference/Events	MakeMyTrip management to meet with Jefferies » Meeting to be held in… Meeting to be held in Denver on November 16 hosted by Jefferies. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	16 Nov

MMYT MakeMyTrip $23.74 -0.15 (-0.63%) 13:01 11/15/18 11/15 13:01 11/15/18 13:01 Conference/Events	MakeMyTrip management to meet with Jefferies » Meeting to be held in… Meeting to be held in Denver on November 16 hosted by Jefferies. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	16 Nov
MMYT MakeMyTrip $23.38 0.75 (3.31%) 05:10 10/26/18 10/26 05:10 10/26/18 05:10 Upgrade	MakeMyTrip rating change at Goldman Sachs » MakeMyTrip upgraded to… MakeMyTrip upgraded to Buy from Neutral at Goldman Sachs. Goldman Sachs analyst Manish Adukia upgraded MakeMyTrip to Buy while lowering his price target for the shares to $33 from $40. The analyst sees the company being a key beneficiary in the shift to online travel in India and thinks concerns around competition as overdone. In a post-earnings research note titled "Five star at budget prices," Adukia calls MakeMyTrip's current valuation attractive. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
MMYT MakeMyTrip $22.54 -0.09 (-0.40%) 10:17 10/25/18 10/25 10:17 10/25/18 10:17 Earnings	MakeMyTrip reports Q2 adjusted EPS (31c), two est. (38c) » Reports Q2 revenue… Reports Q2 revenue $103.6M, adjusted revenue $160.1M, one est. $161.25M. Gross Bookings increased 26.9% YoY in 2Q19 to $1.2B. Room nights for Standalone Hotels Online increased 21.8% YoY in 2Q19 versus 18.1% YoY in 1Q19. "The MakeMyTrip Group continued to improve upon its strong operating and financial performance during the quarter with significant reduction in losses" said Deep Kalra, Group Chairman and Group CEO. "By continuing to build efficiencies in our operating costs while maintaining healthy growth." 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial
MMYT MakeMyTrip $31.60 -0.05 (-0.16%) 04:55 09/05/18 09/05 04:55 09/05/18 04:55 Conference/Events	MakeMyTrip management to meet with JPMorgan » Meeting to be held in… Meeting to be held in Boston on September 5 hosted by JPMorgan.. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	05 Sep
MMYT MakeMyTrip $31.05 0.25 (0.81%) 09:28 08/31/18 08/31 09:28 08/31/18 09:28 Conference/Events	MakeMyTrip management to meet with JPMorgan » Meeting to be held in… Meeting to be held in Boston on September 5 hosted by JPMorgan.. 03/08/13 Wedge Partners 03/08/13 Credit Suisse 03/06/13 Citigroup 03/06/13 Barclays See Street Research during your Free Trial	05 Sep

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