JP Morgan Maintains Neutral on Airbnb, Lowers Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth maintains a Neutral rating on Airbnb (NASDAQ:ABNB) and lowers the price target from $130 to $118.
November 02, 2023 | 9:25 pm
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NEGATIVE IMPACT
JP Morgan has lowered the price target for Airbnb from $130 to $118, while maintaining a Neutral rating.
The lowering of the price target by JP Morgan indicates a potential decrease in the stock's value. This could lead to a negative short-term impact on Airbnb's stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100