Oppenheimer Sticks to Their Hold Rating for TripAdvisor (TRIP)

Oppenheimer analyst Jed Kelly reiterated a Hold rating on TripAdvisor (TRIP) today. The company’s shares closed last Monday at $29.69, close to its 52-week low of $27.12.

According to TipRanks.com, Kelly is ranked #534 out of 5897 analysts.

Currently, the analyst consensus on TripAdvisor is a Hold with an average price target of $35.14, implying a 14.6% upside from current levels. In a report released today, Piper Sandler also maintained a Hold rating on the stock with a $35.00 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 $335 million and net profit of $15 million. In comparison, last year the company earned revenue of $346 million and had a net profit of $7 million.

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TripAdvisor, Inc. is an online travel company, which owns and operates a portfolio of online travel brands. It operates its business through the Hotel and Non-Hotel segments.