There’s a lot to be optimistic about in the NA sector as 2 analysts just weighed in on Trip.com Group Ltd. Sponsored ADR (TCOM – Research Report) and DraftKings (DKNG – Research Report) with bullish sentiments.
Trip.com Group Ltd. Sponsored ADR (TCOM)
Citi analyst Brian Gong maintained a Buy rating on Trip.com Group Ltd. Sponsored ADR yesterday and set a price target of $49.00. The company’s shares closed last Friday at $35.36.
Gong has an average return of 11.2% when recommending Trip.com Group Ltd. Sponsored ADR.
According to TipRanks.com, Gong is ranked #8242 out of 8725 analysts.
Currently, the analyst consensus on Trip.com Group Ltd. Sponsored ADR is a Strong Buy with an average price target of $51.59, implying a 47.4% upside from current levels. In a report issued on November 15, Goldman Sachs also maintained a Buy rating on the stock with a $49.00 price target.
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DraftKings (DKNG)
Citi analyst Steven Sheeckutz maintained a Buy rating on DraftKings yesterday and set a price target of $43.00. The company’s shares closed last Friday at $38.70, close to its 52-week high of $39.13.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for DraftKings with a $41.38 average price target, a 7.2% upside from current levels. In a report issued on November 13, Susquehanna also maintained a Buy rating on the stock with a $42.00 price target.
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