Truist Securities Maintains Hold on Airbnb, Lowers Price Target to $116
Portfolio Pulse from Benzinga Newsdesk
Truist Securities analyst Naved Khan maintains a Hold rating on Airbnb (NASDAQ:ABNB) and lowers the price target from $130 to $116.
June 01, 2023 | 12:01 pm
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NEGATIVE IMPACT
Airbnb's price target has been lowered from $130 to $116 by Truist Securities, while maintaining a Hold rating.
The lowered price target by Truist Securities indicates a less optimistic outlook for Airbnb's stock price in the short term. This may lead to a negative impact on the stock price as investors adjust their expectations.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100