From Financial Modeling Prep: 2024-11-17 07:00:01

Analyst price target for NASDAQ:TCOM has increased from $69.49 a year ago to $85 last month, indicating growing confidence in the company’s prospects. Recent upgrade to a Zacks Rank #1 (Strong Buy) reflects optimism about Trip.com’s earnings potential and its position in the travel industry. The stock’s performance soared by 8.1% during the last trading session, suggesting strong investor interest and potential for continued strength.

Trip.com Group Limited (NASDAQ:TCOM) is a key player in the travel service industry, offering a range of travel services including accommodation reservations, transportation ticketing, and corporate travel management. The average price target for TCOM has risen to $85, showing a positive outlook from analysts. The recent surge in Trip.com’s share price indicates strong investor interest and potential for continued growth. Analysts are optimistic about the company’s prospects, especially considering the recovery in tourism post-pandemic.



Read more at Financial Modeling Prep:: Trip.com Group Limited (NASDAQ:TCOM) Sees Positive…