TripAdvisor (TRIP) PT Raised at RBC Capital Following Rare 'Miss & Raise' Quarter
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TripAdvisor (TRIP) PT Trimmed at Piper Jaffray, Bullish Stance Reiterated
May 7, 2014 8:26 AM EDTPiper Jaffray analyst Michael Olsen reiterated an Overweight rating on TripAdvisor (NASDAQ: TRIP) following Q1 results but cut his price target to $110.00 (from $125.00) as the multiple were taken lower.
Olsen comments, "With >250m monthly uniques and improving monetization through the transition to metasearch... More
TripAdvisor (TRIP) Offers to Acquire lafourchette
May 6, 2014 4:19 PM EDTTripAdvisor, Inc. (NASDAQ: TRIP) today announced it has made an exclusive offer to acquire lafourchette, an online restaurant booking platform with a network of more than 12,000 restaurant partners across Europe.
lafourchette is the leading online and mobile reservation platform for restaurants in France, Spain and Switzerland. The company also offers management software solutions helping... More
Tripadvisor (TRIP) Misses Q1 EPS by 1c
May 6, 2014 4:18 PM EDTTripadvisor (NASDAQ: TRIP) reported Q1 EPS of $0.54, $0.01 worse than the analyst estimate of $0.55. Revenue for the quarter came in at $281 million versus the consensus estimate of $282.94 million.
2014 is off to a great start as we reinforce our leadership position in travel, making the TripAdvisor experience... More
