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Vetr Crowd Upgrades TripAdvisor, 85% Of Users Are Bullish

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  • Despite a gain of nearly 25 percent over the past three months, the Vetr crowd has turned incrementally bullish on shares of Tripadvisor Inc (NASDAQ: TRIP).
  • The Vetr crowd upgraded their crowd-sourced rating on Tripadvisor to four stars.
  • 85 percent of the Vetr crowd is bullish on Tripadvisor while the crowd-sourced price target of $92.67 implies a potential 11 percent upside.

Eighty-five percent of the Vetr crowd is bullish on the stock as the remainder of the crowd recommend a Sell rating.

Crowd's Bullishness Extends Beyond Tripadvisor

Tripadvisor in October announced a new partnership with Priceline Group Inc (NASDAQ: PCLN) to handle its Instant Booking feature. Tripadvisor's stock ripped initially following the announcement while Priceline's stock was relatively muted.

Investors may have initially believed that the new agreement was one-sided and benefits Tripadvisor more than it does Priceline. The Vetr crowd may not hold a similar belief as they are more bullish on Priceline compared to Tripadvisor.

Priceline's stock is rated five tsars by the Vetr crowd, although a similar 85 percent of the crowd demonstrated a bullish stance. On the other hand, the crowd-sourced price target of $1,525.87 implies a potential upside of more than 17 percent.

One of the members of the crowd, Daniel S. Williams, noted that Priceline has a "solid breadth of names" under its corporate umbrella – including Priceline, and Tripadvisor's new partner – Booking.com.

Latest Ratings for TRIP

DateFirmActionFromTo
Feb 2022Credit SuisseMaintainsNeutral
Dec 2021JP MorganMaintainsUnderweight
Dec 2021UBSInitiates Coverage OnNeutral

View More Analyst Ratings for TRIP

View the Latest Analyst Ratings

 

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Posted-In: priceline TripAdvisor Vetr Vetr CrowdAnalyst Color Crowdsourcing Analyst Ratings General

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