UPDATE: Monness Crespi Hardt Upgrades TripAdvisor to Buy; 2013 Expectations Likely Conservative
Posted on February 14, 2013 at 09:05 AM EST
Monness Crespi Hardt upgraded TripAdvisor (NASDAQ: TRIP ) from Neutral to Buy and announced a $60.00 price target. Monness Crespi Hardt noted, "We are upgrading TRIP to Buy because we think 2013 expectations, which will surely follow management's conservative guidance, will likely be too low. We also see evidence that