Truist analyst C. Patrick Scholes raised the firm’s price target on TripAdvisor to $28 from $18 and keeps a Hold rating on the shares as part of a broader research note on Lodging and Leisure. The firm is updating its earnings estimates and making changes to its model following the sector’s Q4 earnings.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See Insiders’ Hot Stocks on TipRanks >>
Read More on TRIP:
- TripAdvisor call volume above normal and directionally bullish
- Apollo has shown interest in bidding for TripAdvisor, Bloomberg says
- TripAdvisor rallies 4% to $27.74 after Bloomberg says Apollo expressed interest
- Apollo Global expressed interest in bidding for TripAdvisor, Bloomberg says
- TripAdvisor price target raised to $33 from $28 at Bernstein