Goldman Sachs Maintains Sell on Airbnb, Raises Price Target to $117
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Sell rating on Airbnb (NASDAQ:ABNB) and raises the price target from $97 to $117.
August 04, 2023 | 3:25 pm
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Goldman Sachs maintains a Sell rating on Airbnb but raises the price target from $97 to $117.
The news is directly related to Airbnb. Despite the raised price target, the maintained Sell rating by Goldman Sachs suggests that the firm believes the stock is currently overvalued. This could potentially lead to a short-term decrease in Airbnb's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100