Citi analyst Ronald Josey lowered the firm’s price target on TripAdvisor to $18 from $21 and keeps a Neutral rating on the shares. While “slightly raising” its revenue projections, the firm is also adjusting its EBITDA projections to account for greater investments at Viator.
Published first on TheFly
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Read More on TRIP:
- TripAdvisor initiated with a Buy, $25 target at B. Riley
- TripAdvisor initiated with a Buy at B. Riley
- Tripadvisor, Inc. Earnings Press Release Available on Company’s Investor Relations Site
- TripAdvisor reports Q1 adjusted EPS 5c, consensus 7c
- TripAdvisor options imply 8.7% move in share price post-earnings
