TD Cowen Maintains Buy on Trip.com Group, Lowers Price Target to $56
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Kevin Kopelman maintains a Buy rating on Trip.com Group (NASDAQ:TCOM) but lowers the price target from $63 to $56.

August 27, 2024 | 5:28 pm
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TD Cowen maintains a Buy rating on Trip.com Group but lowers the price target from $63 to $56, indicating a more cautious outlook.
The maintenance of a Buy rating suggests continued confidence in Trip.com Group's prospects, but the lowered price target indicates a more cautious outlook, likely due to market conditions or company performance. This mixed signal may result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100