Mizuho Maintains Neutral on Tripadvisor, Lowers Price Target to $21
Portfolio Pulse from Benzinga Newsdesk
Mizuho analyst James Lee maintains a Neutral rating on Tripadvisor (NASDAQ:TRIP) and lowers the price target from $23 to $21.
May 09, 2024 | 12:05 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Mizuho analyst James Lee maintains a Neutral rating on Tripadvisor and lowers the price target from $23 to $21.
The reduction in price target by Mizuho suggests a downward revision in the expected performance or valuation of Tripadvisor, which could lead to short-term negative sentiment among investors. However, the maintenance of a Neutral rating indicates that the analyst does not see significant downside from the current level, balancing the impact.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100