Fly News Breaks for February 13, 2020
Feb 13, 2020 | 12:05 EDT
Piper Sandler analyst Michael Olson lowered his price target for TripAdvisor (TRIP) to $35 from $39 and maintained a Neutral rating following the company's Q4 results, which were "solid." However, Olson, who notes that the company sees FY20 EBITDA "at least" flat, says Google's (GOOGL) increased aggressiveness is negatively impacting TripAdvisor and the company indicated there may be some broader softness in the overall travel market.
News For TRIP From the Last 2 Days
Apr 13, 2021 | 07:10 EDT
Jefferies analyst Brent Thill raised the firm's price target on TripAdvisor to $29 from $24 and keeps an Underperform rating on the shares as he sees increasing signs of pent-up travel demand. Thill thinks the rest of the world will catch up with the U.S. on vaccination levels and global travel will rebound by the second half of 2021, he tells investors.