BTIG Upgrades TripAdvisor to Buy, Announces $25 Price Target
Portfolio Pulse from Benzinga Newsdesk
BTIG analyst Jake Fuller has upgraded TripAdvisor (NASDAQ:TRIP) from Neutral to Buy and set a price target of $25. This upgrade suggests a positive outlook for TripAdvisor's stock.
December 14, 2023 | 11:55 am
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TripAdvisor has been upgraded by BTIG from Neutral to Buy with a new price target of $25, indicating a potential upside from its current trading price.
Analyst upgrades typically lead to a positive short-term reaction in the stock market as they suggest improved performance or potential of the company. The new price target of $25 by BTIG represents a significant potential increase from TripAdvisor's current trading levels, which may attract investors and drive up the stock price in the short term.
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