Citigroup Maintains Buy on Trip.com Group, Raises Price Target to $55
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Brian Gong has maintained a Buy rating on Trip.com Group (NASDAQ:TCOM) and increased the price target from $53 to $55.
April 01, 2024 | 3:26 pm
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POSITIVE IMPACT
Citigroup has reaffirmed its Buy rating on Trip.com Group and raised the price target from $53 to $55.
The upgrade in the price target by a reputable analyst like Brian Gong from Citigroup suggests a positive outlook on Trip.com's future performance. This is likely to instill confidence among investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100