UBS raised the firm’s price target on TripAdvisor (TRIP) to $19 from $18 and keeps a Neutral rating on the shares post the Q2 report. The firm says TripAdvisor’s consolidated revenue missed estimates largely due to Brand, but a margin beat for Viator helped to drive meaningful upside to adjusted EBITDA. UNS sees potential for the company “to accelerate its demand flywheel.”
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