Wedbush Reiterates Neutral on TripAdvisor, Maintains $30 Price Target
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt reiterates a Neutral rating on TripAdvisor (NASDAQ:TRIP) and maintains a $30 price target.

April 18, 2024 | 5:13 pm
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NEUTRAL IMPACT
Wedbush analyst Scott Devitt reiterates a Neutral rating on TripAdvisor and maintains a $30 price target.
The reiteration of a Neutral rating and maintenance of a $30 price target by Wedbush suggests that the analyst sees TripAdvisor's stock as fairly valued at its current level. This assessment likely reflects a balanced view of the company's prospects, without significant short-term upside or downside risks. Therefore, the impact on the stock price is expected to be neutral in the short term.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100