Wells Fargo Maintains Underweight on Airbnb, Raises Price Target to $114
Portfolio Pulse from Benzinga Newsdesk
Wells Fargo analyst Ken Gawrelski has maintained an Underweight rating on Airbnb (NASDAQ:ABNB) and raised the price target from $99 to $114.
August 04, 2023 | 3:50 pm
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Airbnb's price target has been raised from $99 to $114 by Wells Fargo, though the Underweight rating is maintained.
The news is directly related to Airbnb and is likely to influence investor sentiment. However, the impact on the stock price is uncertain as the Underweight rating is maintained despite the raised price target.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100