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UPDATE: China International Capital Initiates Home Inns & Hotels Management at Buy on Execution

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Earnings Scheduled For March 16, 2016
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China International Capital initiated Home Inns & Hotels Management (NASDAQ: HMIN) with a Buy rating and a $38.90 price target.

China International Capital commented, "HMIN has shown a successful track record of maintaining both high growth and quality standards due to: 1) mature management program to assure standardization of products and services; and, 2) efficient operation control platform to monitor and improve hotel operations. … The upcoming annual results could cause share price volatility in the short run, nonetheless we believe the long term growth prospects of the economy hotel segment remain intact."

Home Inns & Hotels Management closed at $31.52 on Tuesday.

Latest Ratings for HMIN

Mar 2016Brean CapitalDowngradesBuyHold
May 2015Brean CapitalMaintainsBuy
Mar 2015Credit SuisseDowngradesOutperformUnderperform

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Posted-In: China International CapitalAnalyst Color Initiation Analyst Ratings


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