Morgan Stanley Reiterates Overweight on Trip.com Group, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Alex Poon reiterated an Overweight rating on Trip.com Group (NASDAQ:TCOM) and maintained a $55 price target.
June 15, 2023 | 4:54 pm
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Morgan Stanley analyst Alex Poon reiterated an Overweight rating on Trip.com Group (NASDAQ:TCOM) and maintained a $55 price target.
The reiteration of an Overweight rating and maintenance of a $55 price target by Morgan Stanley analyst Alex Poon indicates a positive outlook for Trip.com Group's stock. This news is likely to have a positive impact on the stock price in the short term as it reflects the analyst's confidence in the company's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100