DBS cuts Trip.com Group H-share target to HK$421
DBS Group Research reduced its target price for Trip.com Group’s H-shares to HK$421.00 from HK$431.00.
Story updates
04:35:51 AM UTC
SquawkNews
Trip.com's long-term prospects still appear upbeat despite likely softer estimates for some segments, DBS Group Research analysts say in a note. The Chinese travel platform operator's 3Q local hotel revenue is likely to decline by a single-digit percentage on year, partly due to the removal of auto…
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