Cowen & Co. Sticks to Its Hold Rating for TripAdvisor Inc

By Carrie Williams

Cowen & Co. analyst Kevin Kopelman reiterated a Hold rating on TripAdvisor Inc (NASDAQ: TRIP) yesterday and set a price target of $42. The company’s shares opened today at $44.50.

According to TipRanks.com, Kopelman is a 4-star analyst with an average return of 10.4% and a 66.1% success rate. Kopelman covers the Services sector, focusing on stocks such as Pricelinecom, Groupon Inc, and CafePress.

Currently, the analyst consensus on TripAdvisor Inc is Moderate Sell and the average price target is $39.50, representing a -11.2% downside.

In a report issued on August 31, KeyBanc also reiterated a Hold rating on the stock.

The company has a one year high of $66.13 and a one year low of $35.34. Currently, TripAdvisor Inc has an average volume of 2.91M.

Based on the recent corporate insider activity of 25 insiders, corporate insider sentiment is neutral on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

TripAdvisor, Inc. owns and operates a portfolio of online travel brands. The company operates its business through two segments: Hotel and Other.