Tripadvisor (TRIP) Soars to New Heights as Earnings Impress and Analysts Remain Optimistic

Reported 1 day ago

Tripadvisor (TRIP) reached an all-time high after a strong earnings report, with GAAP net income up 49% to $36 million and revenues rising 7% to $529 million year-over-year. Following the impressive results, analysts at Bernstein and Wedbush set a price target of $20, maintaining a positive outlook on the stock. Investors responded positively, boosting its stock price by 11.68% to close at $17.97.

Source: YAHOO

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