HSBC Maintains Buy on Trip.com Group, Raises Price Target to $60
Portfolio Pulse from Benzinga Newsdesk
HSBC analyst Parash Jain maintains a Buy rating on Trip.com Group (NASDAQ:TCOM) and raises the price target from $50 to $60.
April 12, 2024 | 12:24 pm
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
HSBC analyst Parash Jain maintains a Buy rating on Trip.com Group and raises the price target from $50 to $60.
The upgrade in the price target by HSBC from $50 to $60 reflects a positive outlook on Trip.com Group's future performance. This endorsement from a reputable analyst is likely to instill confidence in investors, potentially driving up the stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100