Market Overview

UPDATE: Stifel Nicolaus Initiates TripAdvisor at Buy on Online Travel Outlook

Share:
Related TRIP
Smartphone Browsing Creates Vertical Search Needs
UPDATE: Stifel Downgrades TripAdvisor On Lack Of Visibility
Uber Opens Systems to Some Partners (Fox Business)

Stifel Nicolaus initiated coverage on TripAdvisor (NASDAQ: TRIP) with a Buy rating and a $44 price target.

Stifel Nicolaus commented, "TripAdvisor is the largest online global resource for travel hotel opinions, reviews, and ratings. TripAdvisor's lead in collecting and curating travel reviews is extremely difficult to replicate at scale. We believe the asset value is underappreciated. While some may fear Google's encroachment into online travel research, we believe the Google risk has faded, due to consumer preference for TripAdvisor content and regulatory pressures on Google."

TripAdvisor closed at $34.45 on Tuesday.

Latest Ratings for TRIP

DateFirmActionFromTo
Jan 2015Deutsche BankMaintainsBuy
Jan 2015Stifel NicolausDowngradesBuy
Dec 2014Buckingham ResearchInitiates Coverage onNeutral

View More Analyst Ratings for TRIP
View the Latest Analyst Ratings

Posted-In: Stifel NicolausAnalyst Color Initiation Intraday Update Analyst Ratings

 

Related Articles (TRIP)

Around the Web, We're Loving...

Get Benzinga's Newsletters