TD Cowen Maintains Buy Rating on Trip.com (TCOM), Lifts PT

From Yahoo Finance: 2025-05-21 13:33:00

TD Cowen raised Trip.com Group Limited’s price target from $67 to $75 and maintained a Buy rating after strong Q1 FY2025 revenue growth of $1.92 billion, exceeding estimates by $1.15 million and up by 16% year-over-year.

Analyst Kevin Kopelman highlights Trip.com’s domestic market growth, international expansion, and inbound travel bookings increasing over 100% in Q1. The company’s international OTA platform saw a 60% booking increase, with net cash and investments totaling around $12.8 billion.

While Trip.com shows growth potential, other AI stocks may offer higher returns. Analysts suggest exploring alternatives with greater upside potential. No specific recommendations were provided in the article.



Read more at Yahoo Finance: TD Cowen Maintains Buy Rating on Trip.com (TCOM), Lifts PT