Daiwa Capital Upgrades Trip.com Group to Buy, Raises Price Target to $45
Portfolio Pulse from Benzinga Newsdesk
Daiwa Capital analyst John Choi upgrades Trip.com Group (NASDAQ:TCOM) from Outperform to Buy and raises the price target from $41 to $45.
June 09, 2023 | 9:07 am
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Trip.com Group (NASDAQ:TCOM) has been upgraded from Outperform to Buy by Daiwa Capital, with a raised price target of $45.
Daiwa Capital's upgrade of Trip.com Group to Buy and the raised price target of $45 indicate a positive outlook for the company's stock. This news is likely to have a positive short-term impact on TCOM's stock price as investors may see the upgrade as a sign of the company's strong performance and growth potential.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100