Piper Sandler Reiterates Neutral on Airbnb, Raises Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Thomas Champion has reiterated a Neutral rating on Airbnb (NASDAQ:ABNB) and increased the price target from $145 to $155.
May 09, 2024 | 12:25 pm
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Piper Sandler has reiterated a Neutral rating on Airbnb and raised the price target from $145 to $155.
The increase in price target by Piper Sandler suggests a positive outlook on Airbnb's stock value in the short term, despite the Neutral rating. This adjustment reflects an expectation of upward movement in Airbnb's stock price, likely due to anticipated financial performance or market conditions. However, the Neutral rating indicates that there are still uncertainties or potential risks that prevent a more bullish stance.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100