Ctrip.com International, Ltd. (NASDAQ:CTRP) Cut to Buy at BidaskClub

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10 July, 2017

Cowen and Company decreased their target price on shares of Ctrip.com worldwide from $29.00 to $27.00 and set a "neutral" rating for the company in a research note on Thursday, May 11th. The company has market cap of $1.06 billion. The stock declined 0.26% or $0.17 reaching $64.1 on the news. Fisher Asset Management LLC increased its stake in shares of Ctrip.com global by 1.2% in the first quarter. (NYSE:IBM) has risen 4.86% since July 6, 2016 and is uptrending. It has underperformed by 15.67% the S&P500. Kylin Management Llc sold 315,833 shares as Ctrip Com Intl Ltd (CTRP)'s stock rose 23.06%. Neuberger Berman Group LLC now owns 121,325 shares of the company's stock worth $5,963,000 after buying an additional 35,915 shares during the period. The institutional investor held 340,400 shares of the miscellaneous company at the end of 2016Q4, valued at $13.62M, down from 435,400 at the end of the previous reported quarter. The legal version of this story can be read at https://www.thestockobserver.com/2017/07/09/ctrip-com-international-ltd-ctrp-position-raised-by-wellington-management-group-llp-updated.html. FMR LLC now owns 10,095,100 shares of the company's stock worth $496,175,000 after buying an additional 772,591 shares during the period. Ctrip.Com International Ltd (ADR) (NASDAQ:CTRP) has risen 31.59% since July 5, 2016 and is uptrending. It has outperformed by 14.89% the S&P500. HSBC upgraded the stock to "Buy" rating in Friday, November 25 report. Benchmark Co. assumed coverage on shares of Ctrip.com worldwide in a research report on Tuesday, April 18th. Zacks Investment Research downgraded shares of Ctrip.com global from a "hold" rating to a "sell" rating in a report on Tuesday, April 25th. Therefore 94% are positive. The stock has "Neutral" rating by Citigroup on Friday, February 24. As per Wednesday, November 2, the company rating was upgraded by Evercore. Instinet reaffirmed a "buy" rating and issued a $64.00 price target on shares of Ctrip.com worldwide in a research note on Monday, May 15th. The firm earned "Buy" rating on Friday, October 16 by Jefferies. Finally, Daiwa Capital Markets restated a "buy" rating and issued a $65.00 price objective (up previously from $55.00) on shares of Ctrip.com worldwide in a report on Sunday, May 14th. Evercore initiated the stock with "Hold" rating in Monday, April 25 report. Credit Suisse Group restated a "buy" rating on shares of Ctrip.com global in a report on Tuesday, April 4th. They issued a "buy" rating and a $60.00 price objective on the stock. The company was upgraded on Thursday, August 6 by Morgan Stanley. Morgan Stanley has "Overweight" rating and $98 target.

COPYRIGHT VIOLATION WARNING: "Positive Press Coverage Unlikely to Impact Ctrip.com International (NASDAQ:CTRP) Stock Price" was originally published by Chaffey Breeze and is the sole property of of Chaffey Breeze. Handelsbanken Fonder AB acquired a new stake in shares of Ctrip.com global during the second quarter worth $431,000. Baillie Gifford & Co. boosted its position in shares of Ctrip.com global by 4.1% in the first quarter.

Investors sentiment increased to 1.1 in Q4 2016. Its down 0.23, from 1 in 2016Q3. It fall, as 51 investors sold NiSource Inc. shares while 141 reduced holdings. 83 funds opened positions while 179 raised stakes. Mariner Wealth Advsrs Ltd Co reported 50,139 shares. (NYSE:MRK) for 1,203 shares. Utd National Bank & Trust invested 0.21% of its portfolio in PPG Industries, Inc. (NYSE:MRK). Vnbtrust Natl Association has 11,457 shares for 0.37% of their portfolio. (NYSE:NI) or 10,000 shares. Df Dent Inc holds 25,555 shares. Highbridge Cap Management Limited Company holds 26,156 shares or 0.03% of its portfolio. (NYSE:PPG). 21,147 are owned by Leisure Capital Mngmt. (NYSE:MRK). Platinum Limited has invested 0.03% in Merck & Co., Inc. Another trade for 234,525 shares valued at $15.11M was made by ILLIG CLIFFORD W on Thursday, May 11. Bowen Hanes & holds 0.01% of its portfolio in Merck & Co., Inc. (NYSE:PPG) for 5,570 shares.

NiSource Inc.is an energy holding company. Edge Asset Management Inc owns 1.58 million shares. Argent Tru holds 0.12% of its portfolio in PPG Industries, Inc. Sandhill Ptnrs Ltd Limited Liability Company invested in 2.93% or 224,898 shares. (NYSE:PPG) were recently published by: Wsj.com, which released: "Elliott Management Looks to Remove Akzo Nobel Chairman After Failed PPG Bid" on July 07, 2017.

Among 17 analysts covering PPG Industries (NYSE:PPG), 11 have Buy rating, 0 Sell and 6 Hold. PPG Industries had 33 analyst reports since September 6, 2015 according to SRatingsIntel. Retail Bank Of America Corp De has invested 0% in NiSource Inc. The firm earned "Outperform" rating on Thursday, November 19 by Oppenheimer. The rating was maintained by Summit Research on Monday, September 21 with "Buy". The firm has "Buy" rating given on Wednesday, September 16 by Canaccord Genuity. The company was initiated on Tuesday, April 4 by Berenberg. RBC Capital Markets maintained International Business Machines Corp. Brean Capital has "Buy" rating and $56 target. (NYSE:PPG) earned "Buy" rating by Goldman Sachs on Monday, October 12. Cantor Fitzgerald maintained the shares of IBM in report on Tuesday, April 19 with "Hold" rating. UBS downgraded the shares of NI in report on Friday, July 8 to "Neutral" rating. Louisiana State Employees Retirement System reported 20,300 shares. PPG's profit will be $474.23 million for 14.87 P/E if the $1.85 EPS becomes a reality. After $0.56 actual EPS reported by Cerner Corporation for the previous quarter, Wall Street now forecasts 1.79% EPS growth.

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