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Stock analysts at Wunderlich increased their target price on shares of Tripadvisor (NASDAQ:TRIP) from $88.00 to $100.00 in a report issued on Monday. The firm currently has a “buy” rating on the stock. Wunderlich’s target price suggests a potential downside of 1.95% from the company’s current price.

A number of other firms have also recently commented on TRIP. Analysts at Stifel Nicolaus initiated coverage on shares of Tripadvisor in a research note on Wednesday, August 13th. They set a “buy” rating and a $120.00 price target on the stock. Separately, analysts at Zacks downgraded shares of Tripadvisor from an “outperform” rating to a “neutral” rating in a research note on Friday, August 8th. They now have a $111.20 price target on the stock. Finally, analysts at Macquarie reiterated an “outperform” rating on shares of Tripadvisor in a research note on Thursday, July 24th. They now have a $117.00 price target on the stock, down previously from $120.00. Ten equities research analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus price target of $102.45.

Tripadvisor (NASDAQ:TRIP) opened at 101.99 on Monday. Tripadvisor has a one year low of $68.11 and a one year high of $111.24. The stock’s 50-day moving average is $99.58 and its 200-day moving average is $95.53. The company has a market cap of $14.563 billion and a P/E ratio of 70.29. Tripadvisor also was the recipient of some unusual options trading activity on Friday. Investors purchased 8,065 call options on the stock. This represents an increase of 378% compared to the typical daily volume of 1,688 call options.

Tripadvisor (NASDAQ:TRIP) last posted its quarterly earnings results on Wednesday, July 23rd. The company reported $0.55 earnings per share for the quarter, missing the analysts’ consensus estimate of $0.61 by $0.06. The company had revenue of $323.00 million for the quarter, compared to the consensus estimate of $321.70 million. During the same quarter last year, the company posted $0.52 earnings per share. Tripadvisor’s revenue was up 30.8% compared to the same quarter last year. On average, analysts predict that Tripadvisor will post $2.12 earnings per share for the current fiscal year.

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

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