Yatra Online, Inc. Ordinary Shares (YTRA)
Yatra Online, Inc. is an Indian online travel services company that provides a platform for booking flights, hotels, holiday packages, homestays, and other travel-related services. Founded in 2006, Yatra aims to offer a comprehensive travel booking experience through its digital platform, catering primarily to individual travelers and corporate clients in India.
Company News
RumbleON, Inc. (RMBL) delivered earnings and revenue surprises of -84.62% and 4.18%, respectively, for the quarter ended June 2023. Do the numbers hold clues to what lies ahead for the stock?
H.C. Wainwright analyst Scott Buck reiterated a Buy rating on the shares of Yatra Online Inc (NASDAQ: YTRA) with a price target of $4.00. While the recovery from the COVID-19 pandemic has created strong tailwinds for Yatra operations, and shares, the analyst has some concerns macro headwinds may begin to challenge the recovery in 2023. Buck expects the company to provide new details on the company’s earnings conference call next surrounding demand trends in the Indian travel market. The update, he says, should provide greater visibility to the investor community on how to think about demand in 2023 and beyond. The analyst also anticipates the company to provide an ...Full story available on Benzinga.com