TD Cowen raised the firm’s price target on Trip.com (TCOM) to $73 from $67 and keeps a Buy rating on the shares. The firm updated its model following Q1 results.
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Read More on TCOM:
- Trip.com Group’s Strong Performance and Strategic Positioning Earns Buy Rating Amid Global Expansion and Digital Transformation
- Buy Rating Affirmed for Trip.com Group Amidst Strong Revenue Growth and Strategic Expansion
- Closing Bell Movers: Trip.com slips 3% after results despite topping estimates
- Trip.com reports Q1 non-GAAP EPS RMB5.96, consensus RMB5.57
- Trip.com options imply 4.5% move in share price post-earnings