TripAdvisor Inc Receives a New Rating from Top Analyst

By Jason Carr

In a report released today, Mark Mahaney from RBC Capital reiterated a Hold rating on TripAdvisor Inc (NASDAQ: TRIP), with a price target of $47. The company’s shares opened today at $39.56, close to its 52-week high of $66.13.

According to TipRanks.com, Mahaney is a top 25 analyst with an average return of 22.7% and a 72.8% success rate. Mahaney covers the Technology sector, focusing on stocks such as Global Payments Inc, IAC/InterActiveCorp, and Angie’s List Inc.

Currently, the analyst consensus on TripAdvisor Inc is Hold and the average price target is $46.13, representing a 16.6% upside.

In a report issued on July 25, Wells Fargo 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 2.75M.

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