Credit Suisse Maintains Neutral on Airbnb, Raises Price Target to $165
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Stephen Ju has maintained a Neutral rating on Airbnb (NASDAQ:ABNB) and raised the price target from $150 to $165.

August 04, 2023 | 3:31 pm
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NEUTRAL IMPACT
Airbnb's price target has been raised from $150 to $165 by Credit Suisse, while maintaining a Neutral rating.
The news of Credit Suisse raising the price target for Airbnb while maintaining a Neutral rating indicates that the analyst sees potential for the stock's price to increase. However, the Neutral rating suggests that the analyst does not see the stock as over or under-valued, which may not lead to significant price movement in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100