DA Davidson Downgrades Airbnb to Neutral, Announces $145 Price Target
Portfolio Pulse from Benzinga Newsdesk
DA Davidson analyst Tom White downgraded Airbnb (NASDAQ:ABNB) from Buy to Neutral and set a price target of $145.
February 14, 2024 | 1:32 pm
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NEUTRAL IMPACT
Airbnb was downgraded from Buy to Neutral by DA Davidson, with a new price target of $145.
The downgrade from Buy to Neutral by a significant analyst could lead to mixed investor sentiment in the short term. The setting of a price target at $145 suggests a belief in some underlying value, but the neutral stance may temper immediate bullish sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100