Trivago price target lowered to $3.25 from $4 at Susquehanna

Susquehanna lowered the firm’s price target on Trivago (TRVG) to $3.25 from $4 and keeps a Neutral rating on the shares. The firm said they reported generally fine 3Q results. The company expects brand marketing to remain a driver for growth, though expects to lean more into optimizing spend within current markets as opposed to expanding into new ones.