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Bernstein Maintains Trip.com(TCOM.US) With Buy Rating, Maintains Target Price $85
Morgan Stanley Downgrades Trip.com(TCOM.US) to Hold Rating, Raises Target Price to $81
U.S. stocks are moving丨Trip.com rose 1% before the market, being Bullish from multiple Institutions.
On January 8, Glonghui reported that Trip.com (TCOM.US) rose 1% before the market opened, reaching $65.65. Daiwa released a Research Report stating that Trip.com’s overseas platform has been steadily increasing its market share since 2024, and it is expected that China's latest visa-free policy will continue to bring inbound tourism opportunities for the company. It is currently predicted that by 2025, Trip.com’s inbound tourism revenue will double, accounting for about 28% of Trip.com’s income and approximately 4% of the group’s overall revenue. It is believed that the development of inbound tourism can become a strong catalyst. In addition, Citigroup published a report on the Internet Plus-Related industry in the Asia-Pacific region, estimating the valuation of China's Internet Sector.
Major Bank Rating丨Morgan Stanley: Chinese Network Technology stocks may face internal and external uncertainties this year, with Tencent as the top pick.
Gelonghui, January 8 | Morgan Stanley published this year's outlook report on Chinese Network Technology stocks, indicating that the Industry may face external (tariffs, sanctions) and internal (policy, competition) uncertainties this year. The bank expects Network Technology companies to expand in AI, overseas Business expansion, and focus on capital returns. According to the segmented market, the Bullish priorities are Social Media/Gaming (Tencent), followed by Online Travel Platforms (OTA), then Local Services, fourth is Gaming (excluding Tencent), fifth is Social Media/Entertainment (excluding Tencent), sixth is Verticals, seventh is E-commerce, and lastly Direct.
Express News | Daiwa: Will raise the Target Price for Trip.com to HKD 780.
Major banks rating丨Daiwa: Raised Ctrip's Target Price to HKD 780, the development of inbound tourism Business can become a strong catalyst.
Daiwa has published a research report indicating that Trip.com, the overseas platform of Ctrip, has been steadily increasing its market share since 2024. It is expected that China's latest visa-free policy will continue to create inbound tourism opportunities for the company. Currently, it is predicted that Ctrip's inbound tourism revenue will double by 2025, accounting for approximately 28% of Trip.com's revenue and about 4% of the group's overall revenue. It is believed that the development of the inbound tourism Business could become a strong catalyst. Daiwa continues to list Ctrip as one of its preferred stocks and has raised its revenue and earnings per share forecasts for 2025 to 2026 by 0.2% to 1.2% to reflect the contribution of inbound tourism revenue.