B. Riley raised the firm’s price target on Trivago to $3.30 from $3 and keeps a Neutral rating on the shares following the quarterly earnings report. Trivago’s 2024 outlook is for close to breakeven EBITDA, reflecting increased spending on brand advertisements to revive growth, the analyst tells investors in a research note.
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Read More on TRVG:
- Trivago price target lowered to $5 from $6 at Mizuho
- TRVG Earnings Report this Week: Is It a Buy, Ahead of Earnings?
- trivago N.V.’s Fourth Quarter 2023 Earnings Release Scheduled for February 6, 2024; Webcast Scheduled for February 7, 2024
- Trivago price target lowered to $6 from $7.50 at Mizuho
- Trivago price target lowered to $2.65 from $3 at Citi
