Bernstein analyst Richard Clarke maintains $TripAdvisor (TRIP.US)$ with a buy rating, and adjusts the target price from $27 to $25.
According to TipRanks data, the analyst has a success rate of 59.2% and a total average return of 6.1% over the past year.
Furthermore, according to the comprehensive report, the opinions of $TripAdvisor (TRIP.US)$'s main analysts recently are as follows:
Following TripAdvisor's Q3 report, there were observed revenue shortfalls in its Core and Viator segments, contrary to expectations. However, TheFork segment presented a positive outcome by surpassing revenue projections. The anticipation now lies in whether the company's product enhancements will foster a resurgence in revenue growth for the Core segment.
TripAdvisor's performance surpassed expectations with steady revenue, aligning with the higher end of their guidance, as improvements were observed following July and advertising costs were deferred to Q4.
Note:
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Success rate is the number of the analyst's successful ratings, divided by his/her total number of ratings over the past year. A successful rating is one based on if TipRanks' virtual portfolio earned a positive return from the stock. Total average return is the average rate of return that the TipRanks' virtual portfolio has earned over the past year. These portfolios are established based on the analyst's preliminary rating and are adjusted according to the changes in the rating.
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