Wedbush Initiates Coverage On Airbnb with Neutral Rating, Announces Price Target of $130
Portfolio Pulse from richadhand@benzinga.com
Wedbush analyst James Hardiman initiates coverage on Airbnb (NASDAQ:ABNB) with a Neutral rating and a price target of $130.

June 06, 2023 | 8:34 am
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Wedbush analyst James Hardiman initiates coverage on Airbnb with a Neutral rating and a price target of $130.
Wedbush analyst James Hardiman has initiated coverage on Airbnb with a Neutral rating, indicating that the stock is fairly valued at its current price. The price target of $130 suggests that there is limited upside potential in the short term. This news is highly relevant to Airbnb as it directly pertains to the company's stock and valuation. The importance is high as analyst ratings can influence investor sentiment and decisions. The confidence in the analysis is 90% as it is based on the opinion of a professional analyst from a reputable firm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100