TripAdvisor price target lowered to $15 from $20 at Barclays

Barclays analyst Ross Sandler lowered the firm’s price target on TripAdvisor to $15 from $20 and keeps an Underweight rating on the shares. Deal speculation and a premium is now out of the stock post the Q1 report, the analyst tells investors in a research note. The firm says that while the shares might be closer to a bottom, Google search rank changes “speak to the fragility of relying on that channel for core.”