HSBC raised the firm’s price target on Trip.com Group to $48 from $44 and keeps a Buy rating on the shares following the Q4 results. The analyst sees the company’s earnings surpassing the 2019 level in Q4 of 2023 for international air traffic for the big three Chinese airlines.
Published first on TheFly
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Read More on TCOM:
- Trip.com Group price target raised to $48 from $45 at Jefferies
- Trip.com Group price target raised to $49 from $45 at Mizuho
- Travel Rebound Supports Trip.com’s (NASDAQ:TCOM) Q4 Results
- Trip.com Group reports Q4 adjusted EPS 11c, consensus (3c)
- Trip.com options imply 5.9% move in share price post-earnings
