Online travel sites getting squeezed by Airbnb, hotel chains
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TripAdvisor (TRIP) PT Lowered to $35 at Barclays on 3Q Report; 'More Questions Than Answers Coming Out Of 3Q'
November 8, 2017 12:26 PM ESTBarclays lowered its price target on TripAdvisor (NASDAQ: TRIP) to $35.00 (from $45.00) while maintaining a Equalweight rating, following the company's third quarter earnings report.
Analyst Deepak Mathivanan notes a cautious outlook on the shares, as the company delivered third quarter revenue results below consensus... More
TripAdvisor (TRIP) PT Lowered to $27 at Jefferies Following Mixed 3Q
November 8, 2017 9:39 AM ESTJefferies lowered its price target on TripAdvisor (NASDAQ: TRIP) to $27.00 (from $35.00) while maintaining a Underperform rating following the company's 3Q earnings report. TRIP reported mixed Q3 results with total rev up 4% Y/Y to $439MM, below Street's $451MM. Adj EBITDA came in at... More
