This Is What Whales Are Betting On Airbnb
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Airbnb (NASDAQ:ABNB), with 65% of recent trades being bearish and 34% bullish. The targeted price range for Airbnb over the last 3 months is $115.0 to $180.0. The current price of ABNB is down -0.72% at $145.48. B of A Securities, Needham, and Barclays have maintained their Neutral, Buy, and Equal-Weight ratings on Airbnb, respectively.
July 19, 2023 | 6:01 pm
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Airbnb has seen a bearish stance from a significant investor, with a targeted price range of $115.0 to $180.0 over the last 3 months. The current price of ABNB is down -0.72% at $145.48.
The bearish stance from a significant investor, along with the majority of recent trades being bearish, suggests a potential downward pressure on Airbnb's stock price in the short term. The current price of ABNB is already down -0.72%.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100