B. Riley Securities Downgrades Tripadvisor to Neutral, Lowers Price Target to $19
Portfolio Pulse from Benzinga Newsdesk
B. Riley Securities has downgraded Tripadvisor (NASDAQ:TRIP) from Buy to Neutral and lowered the price target from $26 to $19.
August 07, 2024 | 9:42 am
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NEGATIVE IMPACT
B. Riley Securities downgraded Tripadvisor from Buy to Neutral and reduced the price target from $26 to $19.
The downgrade from Buy to Neutral and the significant reduction in the price target from $26 to $19 by B. Riley Securities is likely to negatively impact investor sentiment and could lead to a short-term decline in TRIP's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100