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Barclays Reaffirms Their Sell Rating on TripAdvisor (TRIP)

Tipranks - Tipranks - Tue Jul 7, 4:22AM CDT

In a report released today, Ross Sandler from Barclays maintained a Sell rating on TripAdvisor, with a price target of $9.00.

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Sandler covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Roblox. According to TipRanks, Sandler has an average return of 15.9% and a 63.60% success rate on recommended stocks.

Currently, the analyst consensus on TripAdvisor is a Hold with an average price target of $14.27.

See today’s best-performing stocks on TipRanks >>

Based on TripAdvisor’s latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $382.4 million and a GAAP net loss of $32.4 million. In comparison, last year the company earned a revenue of $398 million and had a GAAP net loss of $11 million

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