November 11th, Guolonghui | Ctrip (TCOM.US) pre-market trading up 2.37%, at $67.03. On the news front, Lyon issued a research report stating that although the base number in the same period last year was high, demand for China's tourism in the third quarter of this year remains strong, with Ctrip leading in the industry. Lyon predicts that Ctrip's third-quarter revenue will grow by 13% to 15.6 billion yuan year-on-year, adjusted EBIT is expected to increase by 17% to 5.2 billion yuan year-on-year, and the average customer consumption of its platform Trip.com continues to perform well. Looking ahead to the fourth quarter, with a lower base number, the bank forecasts that revenue growth will accelerate to an annual growth rate of 18%, corresponding to a 2% upward revision in adjusted net income forecasts for 2025 and 2026. The bank raised its target price for the Ctrip stock from $64 to $77, with an "outperform" rating. (Guolonghui)