Benchark Trimmed Target Price on Trip.com (TCOM) to $72

Trip.com Group Limited (NASDAQ:TCOM) is one of the 15 Most Undervalued NASDAQ Stocks to Buy According to Wall Street Analyst. Benchmark, on February 26, reduced its target price on Trip.com by 12.2% to $72 (from $82) and retained the firm’s Buy recommendation on the stock. The price update comes on the heels of the release of Trip.com’s Q4 results on February 25. The report showed a “solid 4th quarter beat,” with diluted adjusted earnings per share growing 14% YoY and handily beating consensus estimates. ...