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<Research>G Sachs Raises TRIP.COM-S TP to HKD679; 2Q Results Beat
Recommend 4 Positive 8 Negative 4 |
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According to Goldman Sachs' research report, the broker attributed the 16% YoY surge in TRIP.COM-S (09961.HK)'s 2Q25 revenue to a 55% YoY growth in its international platform Trip.com, as well as resilient YoY growth of 11% and 15% in domestic and outbound travel. These two major business segments slightly exceeded industry growth rates, partially offsetting the impact of price declines. Goldman Sachs lifted its target price for TRIP.COM-S from HKD608 to HKD679 and for Trip.com (TCOM.US) from USD78 to USD87, both with an unchanged Buy rating. AAStocks Financial News |
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