Cantor Fitzgerald Initiates Coverage On Tripadvisor with Underweight Rating, Announces Price Target of $12
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald has initiated coverage on Tripadvisor with an Underweight rating and set a price target of $12.
September 05, 2024 | 3:09 pm
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Cantor Fitzgerald has initiated coverage on Tripadvisor with an Underweight rating and a price target of $12, suggesting potential downside.
The Underweight rating and a price target of $12 from Cantor Fitzgerald suggest that the analyst expects Tripadvisor's stock to underperform. This could lead to a negative short-term impact on the stock price as investors may react to the bearish outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100