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Trip.com price target raised to $83 from $70 at BofA

BofA analyst Joyce Ju raised the firm’s price target on Trip.com (TCOM) to $83 from $70 and keeps a Buy rating on the shares after the company reported “solid” volume growth to offset pricing headwinds in Q2. The firm raised its 2025 and 2026 net revenue and non-GAAP net profit estimates following the quarterly report.

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