Ascendiant Capital Maintains Buy on TripAdvisor, Raises Price Target to $30-Report released on 28th December 2023
Portfolio Pulse from Benzinga Newsdesk
Ascendiant Capital analyst Edward Woo has maintained a Buy rating on TripAdvisor (NASDAQ:TRIP) and increased the price target from $27 to $30, as reported on December 28, 2023.
December 29, 2023 | 11:20 am
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Ascendiant Capital analyst Edward Woo reaffirmed a Buy rating on TripAdvisor and raised the price target from $27 to $30.
The increase in the price target by Ascendiant Capital suggests a positive outlook on TripAdvisor's future performance. This could lead to increased investor confidence and a potential short-term rise in the stock price, as market participants often react positively to analyst upgrades and higher price targets.
CONFIDENCE 90
IMPORTANCE 85
RELEVANCE 100