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Benzinga
Benzinga
Business
Akanksha Bakshi

Trip.com Primed For Scalable, Sustainable Expansion Growth: Analyst

New,York,,Usa,-,15,May,2020:,Trip.com,Mobile,App

Trip.com Group Ltd (NASDAQ:TCOM) is entering a new stage of growth, one driven less by post-recovery tailwinds and more by structural advantages taking hold across its global platform.

Benchmark Equity Research analyst Fawne Jiang views the company as entering a more durable expansion cycle, which leads her to reaffirm a Buy rating and raise her price target to $82 from $80.

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