Are Trip.com Group Limited’s (TCOM) stock prices rising too high?

Macquarie raised the price target for the Trip.com Group Limited (NASDAQ:TCOM) stock from ‘a Neutral’ to ‘an Outperform’. The rating was released on March 15, 2023, according to finviz. The research report from Barclays has initiated the stock to Overweight, with a price target set at $33. The stock was upgraded by New Street, who disclosed in a research note on January 04, 2023, from Neutral to Buy and set the price objective to $30. In their research brief published May 17, 2021, Morgan Stanley analysts upgraded the Trip.