TripAdvisor (TRIP) Misses Q1 EPS by 2c

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Go back to TripAdvisor (TRIP) Misses Q1 EPS by 2c

SunTrust Robinson Humphrey Will 'Await Further Evidence' on TripAdvisor (TRIP)

May 7, 2015 9:52 AM EDT

SunTrust Robinson Humphrey maintained a Neutral rating for TripAdvisor, Inc. (NASDAQ: TRIP) with a price target set at $85. Traffic grew 31% to 340M users during the quarter, with non-hotel traffic outpacing hotel traffic. more than 50% of the traffic is now represented by mobile, with app downloads exceeding 190M.

SunTrust analyst, Robert Peck, hit on a few points, saying, "Organic revenue (ex. acquisitions)... More