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美股异动丨携程盘前涨近4% 获花旗上调目标价至72美元

U.S. Stock Highlights: Ctrip rose nearly 4% pre-market, with Citigroup raising the target price to $72.

Gelonghui Finance ·  Oct 10 16:23  · Ratings

Grain 10th October | trip.com (TCOM.US) rose 3.86% in pre-market trading to $64.8. Citigroup released a report stating that trip.com is expected to disclose third-quarter performance from mid to late November, with the bank anticipating its revenue and adjusted net income to be in line with market expectations. However, there is a possibility of further increase due to the resilience of China's travel demand recovery and trip.com's strong performance in research and development and cost control. The bank has raised its profit forecast for trip.com in 2025 and 2026 by 1% each to reflect the resilience of domestic and outbound travel demand, raising trip.com's U.S. stock target price from $66 to $72, and maintaining a 'buy' rating.

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