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TripAdvisor (TRIP) Gets a Hold from BMO Capital

Tipranks - Tue Aug 11, 6:32AM CDT

BMO Capital analyst Brian Pitz maintained a Hold rating on TripAdvisor today and set a price target of $12.00.

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According to TipRanks, Pitz is a 5-star analyst with an average return of 13.6% and a 65.77% success rate. Pitz covers the Communication Services sector, focusing on stocks such as Alphabet Class A, Meta Platforms, and Take-Two.

In addition to BMO Capital, TripAdvisor also received a Hold from BTIG’s Jake Fuller in a report issued on August 6. However, on August 7, Barclays maintained a Sell rating on TripAdvisor (NASDAQ: TRIP).

Based on TripAdvisor’s latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of $441.9 million and a net profit of $22.4 million. In comparison, last year the company earned a revenue of $529 million and had a net profit of $36 million

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