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Fly News Breaks for August 5, 2016
TRIP
Aug 5, 2016 | 06:39 EDT
Deutsche Bank analyst Lloyd Walmsley downgraded TripAdvisor to Hold saying the story is shifting from a "monetization problem to a monetization AND a traffic problem." A decline in desktop shoppers and "sluggish" mobile monetization gains are new risks, Walmsley tells investors in a post-earnings research note. He lowered his price target for the shares to $63 from $71.
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