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<Research>Citi Adds Trip.com Group (TCOM.US) TP to US$86, Keeps Rating Buy
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TRIP.COM-S (09961.HK)(TCOM.US)'s 3Q25 results were basically in line with expectations, Citi Research issued a research report saying. Trip.com recorded strong booking volume growth at over 60% YoY in 3Q25, with an over 50% YoY incline in the Asia-Pacific region and encouraging momentum in Europe and the Middle East. Based on better-than-expected 3Q25 revenue performance, Citi Research raised its 2025-2027 earnings forecasts by 1.7%/ 0.3%/ 0.2%, and added its target price for TRIP.COM-S' US stock from US$85 to US$86, with rating kept at Buy, reflecting the resilience of China's domestic business and the strong momentum of Trip.com's international business. AASTOCKS Financial News Website: www.aastocks.com |
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