B. Riley Securities Reaffirms Their Buy Rating on trivago (TRVG)
In a report released today, Naved Khan from B. Riley Securities reiterated a Buy rating on trivago, with a price target of $6.00.
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Khan covers the Consumer Cyclical sector, focusing on stocks such as Expedia, ACV Auctions, and TripAdvisor. According to TipRanks, Khan has an average return of 19.0% and a 61.05% success rate on recommended stocks.
In addition to B. Riley Securities, trivago also received a Buy from TipRanks – Google’s Google Internet Content and Information in a report issued today. However, on the same day, TipRanks – OpenAI reiterated a Hold rating on trivago (NASDAQ: TRVG).
Based on trivago’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $119.96 million and a net profit of $14.49 million. In comparison, last year the company earned a revenue of $94.78 million and had a net profit of $5.06 million
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