Wunderlich Securities Expects In-Line Results And Outlook For TripAdvisor
In a report published Monday, Wunderlich Securities analyst Blake T. Harper reiterated a Hold rating and $100.00 price target on TripAdvisor Inc (NASDAQ: TRIP).
In the report, Wunderlich Securities noted, “TripAdvisor, Inc. (TRIP) is scheduled to report earnings after market close on Tuesday, November 4th. We expect the company to report results in-line with our estimates and we believe the company has made several positive changes to its business during the quarter. TripAdvisor's Hotel Listings page was updated, which should lead to both a better user experience and better monetization. The company also closed its acquisition of Viator and announced a partnership with Uber, which should expand its local reach and monetization through the year. Positive results from Expedia (EXPE-NR) last week with no macro or Ebola worries affecting the company's business, we believe bodes well for TripAdvisor's near-term results.”
TripAdvisor closed on Friday at $88.66.
Latest Ratings for TRIP
| Date | Firm | Action | From | To |
|---|---|---|---|---|
| Feb 2022 | Credit Suisse | Maintains | Neutral | |
| Dec 2021 | JP Morgan | Maintains | Underweight | |
| Dec 2021 | UBS | Initiates Coverage On | Neutral |
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Posted-In: Blake T. Harper Wunderlich SecuritiesAnalyst Color Reiteration Analyst Ratings
