SunTrust Robinson analyst Naved Khan maintained a Buy rating on TripAdvisor (TRIP) today and set a price target of $43.00. The company’s shares closed last Monday at $28.64, close to its 52-week low of $27.12.
According to TipRanks.com, Khan is a 5-star analyst with an average return of 15.3% and a 64.0% success rate. Khan covers the Technology sector, focusing on stocks such as Endurance International, GoDaddy, and trivago.
TripAdvisor has an analyst consensus of Hold, with a price target consensus of $32.33.
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Based on TripAdvisor’s latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $428 million and net profit of $50 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.
