CLSA Maintains Buy on Trip.com Group, Raises Price Target to $64
Portfolio Pulse from Benzinga Newsdesk
CLSA analyst Elinor Leung maintains a Buy rating on Trip.com Group (TCOM) and raises the price target from $55 to $64.

May 13, 2024 | 4:57 pm
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CLSA analyst Elinor Leung reaffirmed a Buy rating on Trip.com Group and increased the price target from $55 to $64, indicating a positive outlook on the company's future performance.
Analyst ratings and price target adjustments are significant indicators for the stock market, often influencing investor sentiment and stock prices in the short term. The upgrade in the price target for Trip.com Group by a reputable analyst from CLSA suggests a strong confidence in the company's future growth and profitability, likely leading to increased investor interest and potentially a rise in stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100