On Monday, the Vetr crowd downgraded their rating for Tripadvisor Inc TRIP from 5 stars (Strong Buy) issued 33 days ago, to 3.5 stars (Buy). At the time of the downgrade, crowd sentiment for the stock was mostly positive, with 90 percent of Vetr user ratings bullish.
Tripadvisor has been down in the past month off of an abysmal Q4 earnings report in which the company missed on EPS and revenue estimates, missing the latter by more than $10 million.
Since reporting in mid-February, the stock has dropped by more than 20 percent and has garnered a rating downgrade to Neutral from analysts with Piper Jaffray.
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Currently, the Vetr crowd's average target price for Tripadvisor is up at $45.72, which is still below the average analyst target price of $50.67. Less than 2 percent of Vetr users are holding TRIP in their watch lists.
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