This Is What Whales Are Betting On Airbnb
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Airbnb (NASDAQ:ABNB), with 54% of investors opening trades with bearish expectations. The big players have been eyeing a price window from $115.0 to $144.0 for Airbnb during the past quarter. Analyst ratings for Airbnb vary, with Morgan Stanley maintaining an Underweight rating with a price target of $105, JP Morgan maintaining a Neutral rating with a price target of $118, Needham keeping a Buy rating with a target price of $150, Piper Sandler maintaining a Neutral rating with a target price of $123, and Wedbush keeping a Neutral rating with a target price of $135.
November 07, 2023 | 3:45 pm
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Bearish stance taken on Airbnb by significant investor. Analyst ratings vary, with price targets ranging from $105 to $150.
The bearish stance taken by a significant investor, along with the mixed analyst ratings, could lead to uncertainty and potential downward pressure on Airbnb's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100