2022-07-14 07:14:54 TRVG Trivago
07/14/22 07/1407:14 07/14/2207:14 | Trivago price target lowered to $2.30 from $3.00 at TruistTruist analyst Naved Khan lowered the firm's price target on Trivago to $2.30 from $3.00 and keeps a Hold rating on the shares as part of a broader research note on Online Travel. The near-term for the industry looks strong, though Q2 earnings may be pressured from stronger USD, and the group also faces mounting risks to demand in 2023 amid an increasing likelihood of economic weakness or a recession, the analyst tells investors in a research note. |
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