UBS Maintains Neutral on trivago, Lowers Price Target to $2.25
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Lloyd Walmsley has maintained a Neutral rating on trivago (NASDAQ:TRVG) and lowered the price target from $6.25 to $2.25.
February 05, 2024 | 7:38 pm
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NEGATIVE IMPACT
UBS has maintained a Neutral rating on trivago but significantly lowered the price target from $6.25 to $2.25.
The substantial reduction in the price target by a major analyst like UBS suggests a negative outlook on trivago's stock price in the short term. This could lead to a decrease in investor confidence and potentially lower stock prices.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100