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Travel booking website TripAdvisor's  (TRIP) shares are up 2% Tuesday after analysts at Guggenheim upgraded the stock to neutral from sell, believing the worst is over for the company. 

TripAdvisor's price to future earnings multiple has been compressed over the past six months as the stock has dipped more than 15%. Additionally, the company is expected to see less volatility in its hotel business than it has in the past. 

The company isn't out of the woods yet, as Google (GOOGL) prepares to combine its own travel-related products -- including Google Trips, Google Flights and Google hotels search -- into one entity called Trips. 

TripAdvisor may not be able to compete with a service from one of the world's largest search engines. 

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Earlier this month, Wedbush lowered its price target on the company to $50 from $60. TripAdvisor shares were trading at $46.05 Tuesday. 

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