BMC Reiterates Hold on Ctrip.com International (CTRP)

BMC reiterated its Hold rating on Ctrip.com International (NASDAQ: CTRP). In a research report published today, BMC cited good Q! results as the reason for its decision. At the moment, BMV does not have a price target on Ctrip.

On Monday, Ctrip lost 2.44% of its value to close the day at $46.36. Its losses continued in today's pre-market trading, as its shares lost an additional 0.8%. At the moment, Ctrip is trading at $45.99.