BMO Capital Maintains Market Perform on Tripadvisor, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz has maintained a Market Perform rating on Tripadvisor (NASDAQ:TRIP) and lowered the price target from $23 to $20.
May 09, 2024 | 3:31 pm
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BMO Capital has maintained its Market Perform rating on Tripadvisor but reduced the price target from $23 to $20.
The reduction in price target by BMO Capital, a reputable financial institution, could lead to a negative short-term sentiment among investors, potentially causing a decrease in Tripadvisor's stock price. The adjustment reflects a less optimistic outlook on the company's valuation or future performance.
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