JP Morgan Maintains Underweight on Tripadvisor, Lowers Price Target to $14
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains an Underweight rating on Tripadvisor (NASDAQ:TRIP) and lowers the price target from $17 to $14.

August 07, 2024 | 6:24 pm
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NEGATIVE IMPACT
JP Morgan analyst Doug Anmuth maintains an Underweight rating on Tripadvisor and lowers the price target from $17 to $14.
The lowered price target and maintained Underweight rating by a major financial institution like JP Morgan is likely to negatively impact investor sentiment and could lead to a short-term decline in Tripadvisor's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100