Benchmark Reiterates Buy on Trip.com Group, Maintains $55 Price Target
Portfolio Pulse from Benzinga Newsdesk
Benchmark analyst Fawne Jiang has reiterated a Buy rating on Trip.com Group (NASDAQ:TCOM) and maintained a $55 price target for the company's stock.
November 21, 2023 | 6:05 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
Benchmark analyst Fawne Jiang reaffirmed a Buy rating on Trip.com Group with a maintained price target of $55.
The reiteration of a Buy rating by a Benchmark analyst, along with the maintenance of a $55 price target, is a positive endorsement for Trip.com Group. This could instill confidence in investors and potentially lead to a short-term increase in the stock price, as it suggests the analyst's belief in the company's future performance and valuation.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100