Piper Jaffray initiates coverage on TripAdvisor (TRIP) with a Neutral rating and $30 price...

|About: TripAdvisor Inc. (TRIP)|By:, SA News Editor

Piper Jaffray initiates coverage on TripAdvisor (TRIP) with a Neutral rating and $30 price target - calling out 2012 as a "no-growth" transition year. Analysts warns that short-term investors in TRIP might not be rewarded, but say long-term investors could benefit as the firm's investments translate into growth.