Vetr Top Raters Upgrade TripAdvisor, Expects 13% Upside
Shares of Tripadvisor Inc (NASDAQ: TRIP) have lost nearly 30 percent since the start of 2016, likely prompting Vetr top raters to recognize value and identify an attractive entry point for the travel website's stock.
Vetr top raters upgraded TripAdvisor's stock rating to 4.5 stars out of a possible five-star rating. In fact, shares of TripAdvisor have risen to $63.35 since the prior rating of four stars was issued just 10 days ago.
Related link: Here's how crowdsourced ratings can beat the market.
In addition to an upgrade to clear bull territory, 70 percent of the Vetr crowd's ratings are bullish and the crowd sourced price target of $71.15 implies an upside of more than 13 percent.
Latest Ratings for TRIP
|Dec 2016||CLSA||Initiates Coverage On||Underperform|
|Dec 2016||Stifel Nicolaus||Upgrades||Sell||Hold|
|Oct 2016||Susquehanna||Initiates Coverage On||Neutral|
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.