Information Provided By:
Fly News Breaks for February 16, 2017
TRIP
Feb 16, 2017 | 06:05 EDT
Piper Jaffray analyst Michael Olson lowered his price target for TripAdvisor to $60 after the company's Q4 results missed expectations. The Instant Book initiative "has clearly not been seamless," but the trajectory is improving, Olson tells investors in a post-earnings research note. He continues to believe Instant Book will drive higher hotel shopper monetization and create stronger long-term economics for the company. The analyst maintains an Overweight rating on TripAdvisor.
News For TRIP From the Last 2 Days
There are no results for your query TRIP