Trip.com Group Limited Reports Unaudited First Quarter of 2023 Financial Results

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Trip.com Group Limited (TCOM) PT Raised to $50 at Mizuho Securities, 'Recovering Faster than Expected'

June 8, 2023 6:14 AM EDT

Mizuho Securities analyst James Lee raised the price target on Trip.com Group Limited (NASDAQ: TCOM) to $50.00 (from $49.00) while maintaining a Buy rating.

The analyst comments "Results came in significantly above expectations, driven by a faster-than-expected recovery post-CNY holiday. Heading into 2Q,... More