B. Riley lowered the firm’s price target on TripAdvisor (TRIP) to $17 from $18 and keeps a Neutral rating on the shares. Macro uncertainty, particularly in the U.S., could “rein in” outlooks for Q2 and 202 5 for the online travel agencies, the analyst tells investors in a research note. The firm reduced estimates for TripAdvisor.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on TRIP:
- TripAdvisor price target lowered to $13 from $17 at Wedbush
- TripAdvisor price target lowered to $11 from $15 at JPMorgan
- Optimistic Growth and Profitability Outlook for TripAdvisor Driven by Viator’s Strategic Role in the Experiences Market
- TripAdvisor Enhances Financial Flexibility with New Loans
- TripAdvisor management to meet virtually with BTIG