Barclays Maintains Underweight on TripAdvisor, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mario Lu has maintained an Underweight rating on TripAdvisor (NASDAQ:TRIP) and lowered the price target from $15 to $14.
August 04, 2023 | 3:07 pm
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NEGATIVE IMPACT
Barclays has maintained an Underweight rating on TripAdvisor and lowered the price target from $15 to $14, which could negatively impact the stock's price.
The lowered price target by Barclays indicates a bearish outlook for TripAdvisor. This could lead to a decrease in the stock's price as investors adjust their expectations based on the new price target.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100