Newton-based TripAdvisor Inc. rallied 2.4 percent on Wednesday after a Deutsche Bank AG analyst, Lloyd Walmsley, raised his price estimate for the online travel-recommendation service to $52 a share, from $50. On Thursday, the stock rose again, by 4 percent. Walmsley said he was more confident that the company’s revenue growth will accelerate this year and next year following a presentation by TripAdvisor’s chief financial officer at a Deutsche Bank conference.
March 08, 2013
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