DA Davidson Maintains Buy on TripAdvisor, Lowers Price Target to $25
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Tom White maintains a Buy rating on TripAdvisor (NASDAQ:TRIP) but lowers the price target from $28 to $25.
May 22, 2023 | 12:44 pm
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NEUTRAL IMPACT
TripAdvisor's price target has been lowered from $28 to $25 by DA Davidson analyst Tom White, who maintains a Buy rating on the stock.
The news of DA Davidson lowering TripAdvisor's price target may have a neutral short-term impact on the stock price. While the price target has been reduced, the analyst still maintains a Buy rating, indicating a positive outlook for the company. The lowered price target may reflect a more conservative valuation, but the overall sentiment remains positive.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100