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<Research>UBS Lifts TRIP.COM-S TP to HKD700, Reiterates Rating as Buy
Recommend 4 Positive 4 Negative 2 |
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TRIP.COM-S (09961.HK) delivered solid results for 3Q25, with both revenue and profit beating expectations, UBS wrote in its research report. Entering 4Q25, UBS expects TRIP.COM-S' overseas business to maintain strong momentum, driving total revenue growth to a high double-digit level. As Trip.com (TCOM.US) is currently trading at 17 times the expected 2026 P/E ratio and nearing the lower end of the recent trading range, UBS considers the risk-reward ratio attractive. The broker has reiterated a Buy rating and raised its target prices for US shares from USD85 to USD90 and for H-shares from HKD660 to HKD700. AAStocks Financial News |
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