Ctrip Rose 18% in early morning trading up 26%

Sina Science and technology news August 1 night, Ctrip (NASDAQ:CTRP) today opened up 18.17%, and Gaokaigao go after the opening, the highest increase of 25.66%, reported 45.99 U.S. dollars, a 52-week new record.

Ctrip posted its second-quarter results this morning, with net revenue of $203 million, up 28% per cent, and a net profit of $52 million against equity compensation, up 41% from a year earlier. A number of investment banks issued reports to raise their target prices.

BofA Merrill Lynch today released a study to maintain a "buy" rating on Ctrip and raised its target share price to 41 dollars.

Jaffray PiperJaffray, the US investment bank, today issued an investment report to keep the "neutral" rating of Ctrip, bringing its target share price from $33 to $40.

Goldman Sachs released its research report today, giving Ctrip a "neutral" rating (Neutral).

Deutsche Bank released its research report today to maintain the Hold rating of Ctrip, but raised its target share price from $32 to $35.

Morgan Stanley today released its research report, giving Ctrip a "overweight" (overweight) rating, and the industry outlook is "attractive" (attractive). (Chen Hui)