Barclays analyst Jiong Shao raised the firm’s price target on Trip.com (TCOM) to $90 from $85 and keeps an Overweight rating on the shares. The company’s Q3 results were better than expected and the Q4 outlook was raised, the analyst tells investors in a research note. The firm says Trip.com offers a “bright spot” as consumption generally slows down.
TipRanks Black Friday Sale
- Claim 60% off TipRanks Premium for the data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TCOM:
- Trip.com Group’s Earnings Call: Strong Growth and Optimism
- Trip.com price target raised to $82 from $80 at Benchmark
- Trip.com Group’s Strong Performance and Strategic International Expansion Justifies Buy Rating
- BKNG, EXPE, ABNB: Analysts Say Google-Inspired Online Travel Stock Selloff Overblown
- Trip.com Group Reports Strong Q3 2025 Results