China Renaissance Moves Trip.com (tcom) to Hold

Trip.com Group Limited (NASDAQ:TCOM) is one of the 10 Fastest Growing Consumer Stocks to Buy Now. On July 2, 2026, China Renaissance downgraded Trip.com Group Limited (NASDAQ:TCOM) to Hold from Buy with a $42 price target On June 29, BofA lowered the firm's price ta

Trip.com Group Limited (NASDAQ:TCOM) is one of the 10 Fastest Growing Consumer Stocks to Buy Now.

On July 2, 2026, China Renaissance downgraded Trip.com Group Limited (NASDAQ:TCOM) to Hold from Buy with a $42 price target

On June 29, BofA lowered the firm’s price target on Trip.com to $64 from $78 and kept a Buy rating on the shares. BofA said that despite a “modest” Q1 beat, results disappointed due to the lack of resolution on the antitrust investigation and a weaker-than-expected Q2 outlook. On June 25, Benchmark analyst Fawne Jiang lowered the firm’s price target on Trip.com to $65 from $72 and kept a Buy rating on the shares.

Jiang said that despite “another quarter of solid operating execution,” management’s softer-than-expected Q2 guidance reset near-term growth expectations. Also on June 25, Trip.com reported Q1 EPS of RMB5.73, compared with consensus of RMB6.15, and revenue of RMB16.2B, compared with consensus of RMB15.85B. Executive Chairman James Liang said inbound travel continues to “gain momentum,” creating opportunities across the travel value chain.

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