Citigroup raises TripAdvisor's PT to $19 from $16, maintains Neutral rating.
Citigroup, a prominent investment bank, has recently revised its price target for TripAdvisor, Inc. (TRIP) to $19, up from the previous target of $16. The firm maintains a neutral rating for the stock. This adjustment reflects a positive outlook on the company's financial prospects and market position.
The move comes amidst a broader trend of analyst upgrades and price target increases for TripAdvisor. Analysts from B. Riley and Wedbush have also recently adjusted their price targets upward, reflecting a growing consensus among financial professionals that the stock is undervalued. The average target price among analysts now stands at $18.54, with a spread of +5.22% [1].
The hedge fund Starboard has also taken a notable position in TripAdvisor, increasing its stake by 8,499,054 shares in the second quarter of 2025. This strategic move suggests that the fund sees potential in the company's long-term growth prospects [2].
Overall, the recent adjustments by Citigroup and other analysts indicate a bullish sentiment towards TripAdvisor. Investors should closely monitor the company's financial performance and market developments to make informed investment decisions.
References:
[1] https://www.marketscreener.com/quote/stock/TRIPADVISOR-INC-9597196/consensus/
[2] https://seekingalpha.com/news/4485801-starboard-takes-new-position-in-tripadvisor-adds-salesforce-and-pfizer-among-q2-moves
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