Jul. 10 at 6:15 PM
$TRIP TP
$20. bullish
Investing.com - BTIG maintained its Buy rating and
$20.00 price target on TripAdvisor (NASDAQ:TRIP) following news of an activist investor stake in the online travel company. According to InvestingPro data, the stock has shown strong momentum with a 22% gain over the past six months, though technical indicators suggest it may be entering overbought territory.
The research firm’s analysis comes as activist investors have reportedly discussed unlocking hidden value and potentially revisiting strategic interest in TripAdvisor, according to BTIG’s report released Thursday. With a current market capitalization of
$2.05 billion and a GOOD financial health score from InvestingPro, the company maintains solid fundamentals, including a healthy current ratio of 1.9x.
https://www.investing.com/news/analyst-ratings/tripadvisor-stock-holds-buy-rating-at-btig-amid-activist-interest-93CH-4129685