UBS Maintains Neutral on Tripadvisor, Lowers Price Target to $20
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Lloyd Walmsley maintains a Neutral rating on Tripadvisor (NASDAQ:TRIP) and lowers the price target from $27 to $20.
May 09, 2024 | 6:31 pm
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NEGATIVE IMPACT
UBS analyst Lloyd Walmsley maintains a Neutral rating on Tripadvisor and lowers the price target from $27 to $20.
The reduction in price target by UBS suggests a bearish outlook on Tripadvisor's stock value in the short term, likely due to perceived challenges or limited upside potential. This adjustment could lead to a negative investor sentiment and potentially decrease the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100