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Fly News Breaks for September 17, 2015
TRIP
Sep 17, 2015 | 05:47 EDT
Piper Jaffray analyst Michael Olson views the 25% pullback in shares of TripAdvisor since the company reported Q2 results as creating an attractive entry point. Monetization improvements and diversified product lines make the largest travel website in the world undervalued, Olson tells investors in a research note. He reiterates an Overweight rating on the stock with a $95 price target.