TripAdvisor Upgraded On 2014 Guidance Boost

By | May 7, 2014

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TripAdvisor (TRIP) upped its full-year guidance late Tuesday, landing an upgrade and sending the stock traveling north on Wednesday. New initiatives and improving monetization from hotel shoppers are laying the runway for “a meaningful pick-up in TRIP’s top-line growth for the remainder of the year,” wrote Cantor Fitzgerald analyst Naved Khan, who upgraded the stock to buy from hold. “We see prospects for further upside from planned TV ad campaign Scalper1 News

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