TripAdvisor price target raised to $30 from $25 at BTIG

BTIG analyst Jake Fuller raised the firm’s price target on TripAdvisor to $30 from $25 and keeps a Buy rating on the shares. The analyst cites the firm’s checks pointing to Viator-driven upside in Q4, with Viator tracking to about 20% on bookings and mid-20s on revenue. BTIG added that its perspective on FY24 is also firming, with increased confidence in above-Street estimates.