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TCOM

Trip.com Group

$33.06 /

-0.8 (-2.36%)

17:03
02/21/20
02/21
17:03
02/21/20
17:03

Trip.com reschedules Q4 results announcement due to coronavirus

Trip.com Group Limited announced that it has rescheduled the announcement date for its financial results for the fourth quarter and full year 2019 to after the U.S. market closes on March 18, 2020. Trip.com Group rescheduled the announcement date of its fourth quarter and full year 2019 financial results due to the evolving situation brought on by the novel coronavirus outbreak in China. The revised date would give the company more time to observe business condition and provide visibility for the first quarter of 2020. Trip.com Group's management will hold an earnings conference call at 8:00 PM on March 18, 2020, U.S. Eastern Time.

  • 18

    Mar

TCOM Trip.com Group
$33.06 /

-0.8 (-2.36%)

02/10/20 Oppenheimer
Tencent,Tencent Music more resilient amid coronavirus outbreak, says Oppenheimer
02/06/20 HSBC
Trip.com Group downgraded to Hold from Buy at HSBC
01/22/20 Oppenheimer
Pullback in Trip.com Group shares creates buying opportunity, says Oppenheimer
01/22/20 Bernstein
Trip.com Group downgraded at Bernstein

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IFF upgraded to Neutral from Underperform at Exane BNP Paribas » 05:44
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IFF

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Zoom Video

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+6.24 (+5.12%)

Credit Suisse analyst…

Credit Suisse analyst Brad Zelnick downgraded Zoom Video Communications (ZM) to Underperform from Neutral with a price target of $105, up from $95. The stock closed Friday up $6.27 to $128.20. Trading at 40 times 2020 consensus revenue expectations, the current share price embeds significantly greater conversion of free users than an upside model scenario suggests, Zelnick tells investors in a research note. While Zoom is benefiting from having the "best product at the right time," the overall category remains competitive and every unified communication as a service vendor will eventually offer its own video solution, contends the analyst. Zelnick highlight RingCentral's (RNG) recent announcement to migrate away from white labeling Zoom as an example. Further, Zoom's exponential growth in usage has resulted in additional scrutiny of its technology, leading to a recent spike in security concerns, adds the analyst.

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Zoom Video

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Tesla

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MAS

Masco

$32.41 /

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SPOT

Spotify

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Intel upgraded to Market Perform from Underperform at Raymond James » 04:57
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INTC

Intel

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Altra Industrial Motion upgraded to Overweight from Sector Weight at KeyBanc » 04:57
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AIMC

Altra Industrial Motion

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Nordson upgraded to Overweight from Sector Weight at KeyBanc » 04:56
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NDSN

Nordson

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TPI Composites upgraded to Overweight from Neutral at JPMorgan » 04:56
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TPIC

TPI Composites

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+0.5 (+3.89%)

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