Citrip (CTRP) volatility elevated into Q4 and outlook

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Go back to Citrip (CTRP) volatility elevated into Q4 and outlook

Ctrip.com (CTRP) PT Lowered to $46 at Wells Fargo

March 15, 2018 12:19 PM EDT

Wells Fargo lowered its price target on Ctrip.com (NASDAQ: CTRP) to $46.00 (from $48.00) while maintaining a Market Perform rating following results.

Also, the firm's 2018E adjusted operating income was reduced by 2.4% to ¥4,905mm/$777mm.

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