Key facts
- Wedbush analyst Michael Hickey initiated coverage on Tripadvisor.
- The stock was given an outperform rating.
- A price target of $30 was set.
- Growth opportunities in dining and experiences were cited.
Wedbush analyst Michael Hickey has initiated coverage on Tripadvisor (TRIP), assigning an 'outperform' rating and a price target of $30. Hickey's assessment highlights Tripadvisor's robust brand recognition and identifies significant growth prospects within its dining and experiences divisions as key drivers for future performance.