Analysts at Morgan Stanley downgraded Ctrip.com International CTRP from Overweight to Equalweight, according to Bloomberg.
Ctrip.com shares have gained 11.97% over the past 52 weeks, while the S&P 500 index has surged 14.79% in the same period.
Ctrip.com's shares dropped 8.48% to close at $53.50 on Wednesday.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in