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Fly News Breaks for February 16, 2018
TRVG
Feb 16, 2018 | 06:35 EDT
After hosting investor meetings with management, Deutsche Bank analyst Lloyd Walmsley reiterates a Buy rating on trivago with a $10 price target. The stock remains attractive amid improving auction dynamics and easing comps in the second half of 2018, Walmsley tells investors in a research note. The analyst believes global online travel agencies "will step up bidding activity in direct marketing channels" into the spring/summer booking season.
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