UPDATE: Stifel Reiterates on TripAdvisor on Evidence of Weak Engagement Metrics
October 24, 2013 at 09:24 AM EDT
In a report published Thursday, Stifel analyst Michael Purcell reiterated a Buy rating on TripAdvisor (NASDAQ: TRIP ), but lowered the price target from $93.00 to $92.00. In the report, Stifel noted, “TripAdvisor's engagement metrics continue to be very strong (260m uniques), and financial results were in-line, perhaps even a