TripAdvisor Price Target Hiked, Analyst Likes Outlook

By | November 14, 2013

Expedia (EXPE) is ramping up its Q4 ad spending, and that’s good news for one of its main outlets for ads, travel metasearch site TripAdvisor (TRIP) . So says Jake Fuller, an analyst with FBR Capital Markets, in a research report Thursday in which he upped his price target on TripAdvisor by not a little, but a lot — to 85 from 70. The stock, though, has already gone past that mark. TripAdvisor stock was up more than 1% in afternoon trading in the

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TripAdvisor Price Target Hiked, Analyst Likes Outlook