JP Morgan Maintains Underweight on TripAdvisor, Raises Price Target to $18
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Underweight rating on TripAdvisor (NASDAQ:TRIP) and raises the price target from $15 to $18.
November 08, 2023 | 7:45 pm
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NEUTRAL IMPACT
JP Morgan maintains an Underweight rating on TripAdvisor and raises the price target from $15 to $18.
The news is directly related to TripAdvisor. JP Morgan's decision to maintain an Underweight rating indicates a bearish outlook, but the increase in price target from $15 to $18 suggests some potential upside. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100