Needham Maintains Buy on Airbnb, Lowers Price Target to $150
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Bernie McTernan has maintained a 'Buy' rating on Airbnb (NASDAQ:ABNB) but lowered the price target from $160 to $150.

November 02, 2023 | 11:10 am
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Airbnb's price target has been lowered from $160 to $150 by Needham, though the 'Buy' rating is maintained.
The lowering of the price target by Needham could potentially create a negative sentiment among investors, which might put downward pressure on the stock price. However, the maintained 'Buy' rating indicates that the analyst still sees potential in the stock, which could counterbalance the negative sentiment.
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IMPORTANCE 80
RELEVANCE 100