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Fly News Breaks for May 15, 2018
May 15, 2018 | 08:28 EDT
Benchmark analyst Fawne Jiang raised her price target on China Lodging shares to $190 after the company reported "solid" Q1 results and raised its FY18 net revenue growth guidance. The analyst, who said she is a strong believer in the secular growth story of the China travel industry and views China Lodging as uniquely exposed to participate, keeps a Buy rating on the stock.
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