Citi Lowers Price Target for Trip.com to $64 Due to Disappointing Q2 Guidance
On June 25, Citi analyst Brian Gong reduced the price target on Trip.com (NASDAQ:TCOM) from $82 to $64 while maintaining a Buy rating. The adjustment was driven by weaker-than-expected second-quarter revenue guidance of 3%–8%, down sharply from Q1's 17% growth.
Topics: analyst downgrade Citi Q2 guidance Trip.com