TripAdvisor (TRIP) Misses Q2 EPS by 4c
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Deutsche Bank Downgrades TripAdvisor (TRIP) to Hold
August 5, 2016 6:42 AM EDTDeutsche Bank downgraded TripAdvisor (NASDAQ: TRIP) from Buy to Hold with a price target of $63.00 (from $71.00). Analyst Lloyd Walmsley highlighted several concerns.
"We downgrade shares of TRIP from Buy to Hold and cut our TP to $63 from $71 as the story migrates... More
TripAdvisor (TRIP) PT Cut to $55 at RBC Capital Following Q2 Miss
August 4, 2016 2:17 PM EDTRBC Capital analyst Mark Mahaney lowered his price target on TripAdvisor (NASDAQ: TRIP) to $55.00 (from $60.00) and maintained a Sector Perform rating.
Mahaney commented, "TRIP posted Q2 results right in-line with our estimates but well below Street expectations. TRIP also expressed greater concern about the 2016 outlook, citing Macro/Event risks, but also Mobile... More
