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Bernstein Reaffirms Their Buy Rating on TripAdvisor (TRIP)

Tipranks - Tipranks - Fri Apr 17, 7:03AM CDT

In a report released today, Richard Clarke from Bernstein maintained a Buy rating on TripAdvisor, with a price target of $20.00.

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According to TipRanks, Clarke is a 3-star analyst with an average return of 3.6% and a 55.49% success rate. Clarke covers the Consumer Cyclical sector, focusing on stocks such as Airbnb, Booking Holdings, and TripAdvisor.

The word on The Street in general, suggests a Hold analyst consensus rating for TripAdvisor with a $14.75 average price target.

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Based on TripAdvisor’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $411 million and a GAAP net loss of $38 million. In comparison, last year the company earned a revenue of $411 million and had a net profit of $1 million

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