News Snapshot:
Morgan Stanley upgrades Trip.com, says China travel recovery can boost stock more than 30% A post-pandemic travel boom is in sight for Trip.com, and results should improve and boost the stock in the summer months, according to Morgan Stanley. Analyst Alex Poon upgraded the Shanghai-based online travel agency to overweight from equal weight, saying in a note to clients on Monday that the travel recovery in China was about to kick into gear.
