Barclays raised the firm’s price target on Trip.com (TCOM) to $85 from $84 and keeps an Overweight rating on the shares. The company’s Q2 results better than expected for both revenue and margins, the analyst tells investors in a research note. The firm says inbound travel is an incremental growth driver for Trip.com.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TCOM:
