Tripadvisor Reaches Analyst Target Price
September 06, 2017 at 09:52 AM EDT
In recent trading, shares of Tripadvisor Inc (TRIP) have crossed above the average analyst 12-month target price of $43.38, changing hands for $44.55/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..