Trip.com shares jump as Q2 print comes ahead of estimates

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Go back to Trip.com shares jump as Q2 print comes ahead of estimates

Trip.com upgraded at CFRA on strong travel recovery

August 28, 2024 1:08 PM EDT

CFRA Research upgraded Trip.com Group (NASDAQ: TCOM) to Strong Buy in a note Wednesday, citing a robust recovery in the travel industry and the company's strategic expansion efforts.

The research firm maintained its target price of $66 on the stock, which is based on a 2024 price-to-earnings ratio of 20x, slightly above the peer average of... More

CFRA Upgrades Trip.com Group Limited (TCOM) to Strong Buy

August 28, 2024 9:26 AM EDT

CFRA analyst Siti Salikin upgraded Trip.com Group Limited (NASDAQ: TCOM) from Buy to Strong Buy with a price target of $66.00.

The analyst comments "Our unchanged target price of USD66 is an implied 2024 P/E of 20x (peer average: 19.7x) on our projected earnings per... More

Benchmark on Trip.com Group Limited (TCOM): 'remains a top pick for China consumer play'

August 27, 2024 7:23 AM EDT

Benchmark analyst Fawne Jiang reiterated a Buy rating and $72.00 price target on Trip.com Group Limited (NASDAQ: TCOM)

The analyst comments "TCOM's stock pulled back 35%+ from its peak due to fears of slowing travel demand on top of near term pricing headwinds. We... More