TD Cowen analyst Kevin Kopelman maintains $Trip.com (TCOM.US)$ with a buy rating, and adjusts the target price from $56 to $71.
According to TipRanks data, the analyst has a success rate of 58.2% and a total average return of 7.5% over the past year.
Furthermore, according to the comprehensive report, the opinions of $Trip.com (TCOM.US)$'s main analysts recently are as follows:
Anticipations for Trip.com's third quarter results have been positively impacted by 2024/25 non-GAAP net profit forecasts, indicating a 20%-30% increase thanks to stringent efficiency measures and robust operating leverage, according to an analyst preview.
Trip.com demonstrated robust performance in the third quarter and continued improvements into the current quarter, even amid declining prices within China's hotel sector.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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