DA Davidson Maintains Buy Rating for TripAdvisor: Here's What You Need To Know
Portfolio Pulse from Benzinga Insights
DA Davidson maintains its Buy rating for TripAdvisor (NASDAQ:TRIP) but lowers its price target from $28.00 to $25.00. TripAdvisor shares are trading up 0.25% at $15.92, and a move to $25.00 would represent a 57.04% increase.
May 22, 2023 | 5:01 pm
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DA Davidson maintains Buy rating for TripAdvisor, lowers price target from $28 to $25. Shares trade up 0.25% at $15.92.
DA Davidson's decision to maintain a Buy rating for TripAdvisor indicates a positive outlook for the company's stock. However, the lowered price target from $28 to $25 suggests a slightly less optimistic view on the stock's potential growth. The current share price of $15.92 is up 0.25%, and a move to $25 would represent a 57.04% increase, which could attract investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100