Raymond James Downgrades Ctrip.com To Market Perform

Analysts at Raymond James downgraded Ctrip.com International CTRP from Outperform to Market Perform and removed the price target of $72.00. Ctrip.com shares have jumped 23.41% over the past 52 weeks, while the S&P 500 index has gained 14.38% in the same period. Ctrip.com shares fell 11.05% to $52.00 in pre-market trading.