Market Overview

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

Related TRIP
UPDATE: Credit Suisse Assumes Coverage Of TripAdvisor
Credit Suisse Comments On Online Travel Companies
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
Nov 2014Credit SuisseInitiates Coverage onOutperform
Nov 2014Cantor FitzgeraldMaintainsHold
Nov 2014Pacific CrestDowngradesOutperformSector Perform

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