Morgan Stanley Downgrades Ctrip.com To Equalweight

Analysts at Morgan Stanley downgraded Ctrip.com International

from Overweight to Equalweight, according to Bloomberg. Ctrip.com shares have gained 11.97% over the past 52 weeks, while the S&P 500 index has surged 14.79% in the same period. Ctrip.com's shares dropped 8.48% to close at $53.50 on Wednesday.