UBS analyst Stephen Ju lowered the firm’s price target on TripAdvisor (TRIP) to $17 from $18 and keeps a Neutral rating on the shares post the Q3 report. Tripadvisor posted shortfalls versus UBS estimates across Core and Viator revenue, but the bright spot was TheFork revenue beat, the analyst tells investors in a research note. The firm awaits signs that the company’s product improvements can drive a return to revenue growth in the Core.
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