TripAdvisor (TRIP) Receives a Buy from Bernstein
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 2.4% and a 52.47% success rate. Clarke covers the Consumer Cyclical sector, focusing on stocks such as Hyatt Hotels, TripAdvisor, and Carnival.
The word on The Street in general, suggests a Hold analyst consensus rating for TripAdvisor with a $16.86 average price target.
Based on TripAdvisor’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $553 million and a net profit of $53 million. In comparison, last year the company earned a revenue of $532 million and had a net profit of $39 million
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