Piper Jaffray Upgrades Ctrip.com International To Outperform

Piper Jaffray upgraded

from Neutral to Outperform. The price target for Ctrip.com International has been raised from $54.00 to $90.00. Ctrip.com International shares have gained 10.26% over the past 52 weeks, while the S&P 500 index has surged 12.35% in the same period. Ctrip.com International's shares rose 1.95% to $62.36 in pre-market trading.