trending Market Intelligence /marketintelligence/en/news-insights/trending/XnEg95lPNXRDnnW3PGAUuA2 content esgSubNav
In This List

CFRA lifts TripAdvisor shares to 'hold'

Podcast

MediaTalk | Season 2
Ep.9 How Consumers Split Their Dollars, Time Among Streaming Services

Podcast

MediaTalk | Season 2
Ep.8 The Masters Returns

Case Study

A Sports League Maximizes Revenue from Media Rights

Podcast

Next in Tech Episode 162: The cloud native journey


CFRA lifts TripAdvisor shares to 'hold'

CFRA upgraded TripAdvisor Inc. shares to "hold" from "sell," citing valuation.

Analyst Tuna Amobi noted that the online travel company's shares are down 14% in 2017, year-to-date, which is below CFRA's 12-month target price of $45.

"We note somewhat encouraging Q1 gains in click-based ads and transaction fees in [the] hotel segment (vs. display ads and subscriptions), plus growth in non-hotel businesses (attractions, restaurants, vacation rentals)," Amobi wrote in a May 26 note.