TripAdvisor price target lowered to $13.70 from $16 at UBS

UBS lowered the firm’s price target on TripAdvisor (TRIP) to $13.70 from $16 and keeps a Neutral rating on the shares. Near-term uncertainty from the Middle East conflict is expected to weigh more meaningfully on Q2-Q3 consumer confidence and travel demand, the analyst tells investors in a research note. Despite near-term headwinds and modest downward revisions to gross bookings, the broader demand impact is being incorporated into 2026 forecasts with expectations for normalization in 2027, and current geopolitical and macro concerns are viewed as largely reflected in valuations, the firm says.