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Fly News Breaks for October 27, 2015
TRIP
Oct 27, 2015 | 07:23 EDT
Macquarie downgraded TripAdvisor to Neutral and lowered its price target to $84 from $86 on shares. Analyst Tom White is incrementally more cautious on 2016 monetization given tougher comps, recent high profile Instant Bookings wins increase conversion and awareness but have potential for weaker relative economics, and ongoing incremental investments.
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