TripAdvisor (TRIP) Misses Q3 EPS by 2c

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Guggenheim Downgrades TripAdvisor (TRIP) to Neutral

November 6, 2015 8:45 AM EST

Guggenheim downgraded TripAdvisor (NASDAQ: TRIP) from Buy to Neutral and removed its price target (prior $85.00).

For an analyst ratings summary and ratings history on TripAdvisor click here. For more ratings news on TripAdvisor click here.

Shares of TripAdvisor closed at $83.11 yesterday.

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TripAdvisor (TRIP) Falls into the Instant Bookings Revenue Gap - Needham & Company

November 6, 2015 7:56 AM EST

TripAdvisor's (NASDAQ: TRIP) Instant Booking is proving to be a painful transition. TRIP reported 3Q15 revenue of $415mm up 17% y/y but 4% below consensus estimates. Non-GAAP EPS of $0.53 was up 11% y/y which was 1% below estimates). TRIP is changing its business model to be a booking engine and move down the purchase funnel to share revenue at the point of booking. This... More

Piper Jaffray Recommends Buying TripAdvisor (TRIP) on Pullback

November 6, 2015 7:53 AM EST

Piper Jaffray analyst Michael Olson Overweight reiterated and Overweight rating and $90 price target on TripAdvisor (NASDAQ: TRIP) saying thew would be buyers on the pullback following results after the close.

Olson commented, "Shares of TRIP traded down in after hours trading after TripAdvisor... More

UPDATE: Oppenheimer Downgrades TripAdvisor (TRIP) to Perform

November 6, 2015 7:51 AM EST

(Updated - November 6, 2015 9:35 AM EST)

Oppenheimer downgraded TripAdvisor (NASDAQ: TRIP) from Outperform to Perform.

Analyst Jed Kelly commented, "We are lowering our rating on TRIP to Perform from Outperform and removing our $97 price target on shares. Since assuming... More