Glonghui, January 9 | Morgan Stanley issued a technical opinion report. Ctrip's stock price is expected to rise 70% to 80% in the next 60 days, pointing out that Ctrip's performance was strong during the past New Year's Eve and New Year holidays. The number of overnight stays in domestic hotels almost doubled in the same period in 2019, and the number of outbound travelers also recovered to about 90% of the same period in 2019. The performance of the fourth quarter of last year is expected to improve. The bank also hopes that Ctrip will perform better during the Lunar New Year holiday next month. Considering that the Group plans to implement a regular return on capital policy starting this year, adjust earnings estimates accordingly, and maintain Ctrip's rating of “additional holdings” and a target price of 50 US dollars.
大行评级｜大摩：维持携程“增持”评级及50美元目标价 股价60日内将升
Big Bank Rating | Damo: Maintaining Ctrip's “Overweight” rating and a target price of $50, the stock price will rise within 60 days
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