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UBS Cuts Estimates on TripAdvisor (TRIP) Following 4Q
February 12, 2016 9:51 AM ESTUBS reiterated a Neutral rating on TripAdvisor (NASDAQ: TRIP), and cut the price target to $68.00 (from $80.00), following the company's 4Q earnings report. TripAdvisor's Q4 results supported both the bear and bull arguments. UBS' new Q1 2016 estimates include revenues of $374mm (from $381mm), adjusted EBITDA of $106mm (from $117mm), and adjusted EPS of $0.44 (from... More
RBC Capital Remains Sidelined Following TripAdvisor's (TRIP) Better Than Expected 4Q
February 11, 2016 2:56 PM ESTRBC Capital reiterated a Sector Perform rating on TripAdvisor (NASDAQ: TRIP), and cut the price target to $70.00 (from $84.00), following the company's 4Q earnings report. TRIP reported revenue of $309MM, beating the Street at $298MM. EBITDA of $87MM also beat the Streets $82MM, as did... More
