Analyst Expectations for TripAdvisor's Future
Portfolio Pulse from Benzinga Insights
TripAdvisor (NASDAQ:TRIP) has received mixed analyst ratings in the last quarter, with 2 bullish, 1 indifferent, and 1 somewhat bearish rating. Over the past 3 months, 4 analysts have set a 12-month price target for TRIP, averaging $21.25, with a high of $25.00 and a low of $18.00. The average price target has seen a significant increase of 32.81% over the past month.
December 14, 2023 | 4:00 pm
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POSITIVE IMPACT
TripAdvisor has a mixed outlook from analysts, with an average 12-month price target of $21.25, which has increased by 32.81% over the past month.
The increase in the average price target suggests a positive sentiment among analysts, which could lead to a short-term increase in TRIP's stock price. However, the presence of indifferent and somewhat bearish ratings indicates that there is still some skepticism, which tempers the potential impact.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100