UPDATE: Piper Jaffray Reiterates Neutral Rating, Raises PT on Ctrip.com International
Posted on February 01, 2013 at 14:44 PM EST
In a report published Friday, Piper Jaffray reiterated its Neutral rating on Ctrip.com International (NASDAQ: CTRP ), and raised its price target from $20.00 to $23.00. Piper Jaffray noted, “We remain Neutral on CTRP shares after the company reported Q4 top and bottomline upside. Ctrip guided to Q1 net revenue