Pacific Crest Analysts Begin Coverage on TripAdvisor (TRIP)

Pacific Crest initiated coverage on shares of TripAdvisor (NASDAQ: TRIP) in a research note issued on Monday. The firm set a “sector perform” rating on the stock.

A number of other firms have also recently commented on TRIP. Analysts at Nomura (NYSE: NMR) reiterated a “neutral” rating on shares of TripAdvisor in a research note to investors on Monday, April 2nd. Separately, analysts at Bank of America (NYSE: BAC) downgraded shares of TripAdvisor from a “buy” rating to a “neutral” rating in a research note to investors on Thursday, March 1st. Finally, analysts at Macquarie initiated coverage on shares of TripAdvisor in a research note to investors on Wednesday, February 15th. They set an “outperform” rating on the stock.

TripAdvisor traded down 1.88% on Monday, hitting $35.55. TripAdvisor has a 1-year low of $23.99 and a 1-year high of $37.78. The company has a market cap of $4.763 billion and a price-to-earnings ratio of 27.45.

TripAdvisor, Inc. (TripAdvisor) is an online travel research company, enabling users to plan and have a trip.

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