TripAdvisor price target raised to $22 from $18 at Barclays

Barclays analyst Mario Lu raised the firm’s price target on TripAdvisor to $22 from $18 and keeps an Underweight rating on the shares post the Q4 results. New management is looking to double down in areas it believes it can be a leader long term, such as experiences and restaurant bookings in Europe, the analyst tells investors in a research note.