TripAdvisor, Inc. Earnings Press Release Available on Company's Investor Relations Site

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Cowen Cuts Price Target on TripAdvisor (TRIP) Following 2Q Results

July 24, 2015 9:16 AM EDT

Cowen maintained a Market Perform rating on TripAdvisor (NASDAQ: TRIP), and cut the price target to $75.00 (from $85.00), following its 2Q earnings report. Management lowered revenue guidance from high 20's growth to low-to-mid 20s.

Analyst Kevin Kopelman commented, "TripAdvisor's Q2 results were disappointing.... More