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Stock impact report

Bernstein Affirms Outperform Stance as Tripadvisor, Inc. (TRIP) Downplays Viator Spinoff Calls [Yahoo! Finance]

TripAdvisor, Inc. (TRIP) 
Last tripadvisor, inc. earnings: 2/12 04:02 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tripadvisor.com/investor-relations
Company Research Source: Yahoo! Finance
rating on the stock, impressed by Tripadvisor, Inc. (NASDAQ:TRIP) ‘s integration plan. Likewise, the research firm reiterated a $20 price target, representing a 30% upside potential. Bernstein Affirms Outperform Stance as Tripadvisor, Inc. (TRIP) Downplays Viator Spinoff Calls The company has been under pressure from an activist investor to spin off Viator, an online marketplace for booking tours, activities, and excursions worldwide. The company has shrugged off the push and reiterated plans to integrate it into the core brand TripAdvsior business. It expects the integration to help streamline operations and create significant synergies. Bernstein has echoed the integration push, insisting it could result in cost savings of $85 million, which could boost the company's FY 27 EBITDA by approximately 20%. The company's EBITDA stands at $171 million. Additionally, the research firm has touted the online restaurant booking platform TheFork. The platform has delivered 28% revenue gro Show less Read more
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