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Fly News Breaks for March 22, 2018
TRVG
Mar 22, 2018 | 05:15 EDT
Mizuho analyst James Lee started Trivago with a Buy rating and $9 price target. The analyst believes fundamentals of metasearch "remain strong" from a consumer usage standpoint given its transparency and easy-to-use interface for price comparison. He believes the near-term revenue growth disruption from the company's search ranking change is "tactical, not structural."
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