Barclays raised the firm’s price target on Trip.com Group to $60 from $56 and keeps an Overweight rating on the shares. Trip.com reported strong Q4 Results and delivered fiscal 2023 EBITDA margins highest in last decade, validating the company’s strong competitive positioning and strong execution, the analyst tells investors in a research note.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on TCOM: