bullish

Trip.com

[Trip.com (TCOM US, BUY, TP US$50) Rating Change]: Beyond the Difficult Time…Upgrade to BUY

202 Views28 Aug 2024 21:20
​TCOM's Q2 revenue and net income beat expectations, driven by international growth and rising equity income. Analysts recommend buying with a target price of US$50.
What is covered in the Full Insight:
  • Introduction
  • Financial Performance Overview
  • International vs Domestic Growth
  • Impact of RMB Appreciation and Government Subsidies
  • Conclusion and Recommendations
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Blue Lotus Research Institute
China growth and global non-US Internet equities
Hong KongInformation Technology & Consumer DiscretionaryEquity Bottom-UpThematic (Sector/Industry)
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