Business

Mass. Movers

TripAdvisor stock rises after upgrade

The Casablanca in New York City always ranks high on TripAdvisor’s list of hotels.

The Casablanca in New York City always ranks high on TripAdvisor’s list of hotels.

Newton-based TripAdvisor Inc.
rose Monday after Wunderlich Securities’ Blake Harper raised his share price target by $12 to $100, albeit while reiterating a “hold” rating on the stock. Harper cited a recent update to TripAdvisor’s hotel listings page that he expects will yield “a better user experience,” the acquisition of Viator, a resource for researching and booking destination activities around the world, and a partnership announced last week with fast-growing car service Uber.

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