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Fly News Breaks for February 27, 2017
TRIP
Feb 27, 2017 | 06:24 EDT
Deutsche Bank analyst Lloyd Walmsley believes shares of TripAdvisor are "likely to be challenged" near term as the company continues to lose share in its Hotel segment and prepares to ramp up ad spend significantly. The analyst cut his price target for the shares to $37 from $49 and keeps a Hold rating on the name.