TripAdvisor Downgraded To Hold On Limited Upside

By | January 14, 2014

Scalper1 News

TripAdvisor (TRIP) stock was down a fraction in afternoon trading in the stock market today, near 84.35, after Wunderlich Securities downgraded the travel review website to hold from buy, while maintaining its 80 price target. “We believe that further upside to estimates or multiple expansion that could justify enough upside in the stock is unlikely in the near term given the continued head winds from the metasearch transition,” analyst Blake T. Scalper1 News

Scalper1 News