TD Cowen Maintains Outperform on Airbnb, Lowers Price Target to $145
Portfolio Pulse from jenniferd'souza@benzinga.com
TD Cowen analyst Kevin Kopelman has maintained an 'Outperform' rating on Airbnb (NASDAQ:ABNB) but lowered the price target from $158 to $145.
August 04, 2023 | 3:51 pm
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Airbnb's price target has been lowered from $158 to $145 by TD Cowen, though the 'Outperform' rating is maintained.
The news directly pertains to Airbnb and is important for investors as it provides an updated price target and rating from a reputable analyst. However, the impact on the stock price is neutral in the short term as the 'Outperform' rating is maintained despite the lower price target.
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IMPORTANCE 80
RELEVANCE 100