Trivago price target raised to $1.75 from $1.30 at Susquehanna

Susquehanna analyst Shyam Patil raised the firm’s price target on Trivago to $1.75 from $1.30 and keeps a Neutral rating on the shares. The analyst said while the company has not seen significant changes in consumer behavior, macro crosswinds appear to be mounting, with trip length shortening in the Americas. Although we continue to be impressed by Trivago’s work on the cost side and like the company’s positioning, we are waiting for more visibility into forward trends.