Morgan Stanley Maintains Underweight on Airbnb, Raises Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Brian Nowak maintains an Underweight rating on Airbnb (NASDAQ:ABNB) and raises the price target from $95 to $100.
July 21, 2023 | 1:07 pm
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Morgan Stanley maintains an Underweight rating on Airbnb and raises the price target from $95 to $100.
The news is directly related to Airbnb. Morgan Stanley's decision to maintain an Underweight rating indicates a bearish outlook, but the increase in price target from $95 to $100 suggests some positive sentiment. The impact on the stock price in the short term is uncertain, hence the neutral score.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100