BMO Capital Maintains Market Perform on Airbnb, Raises Price Target to $151
Portfolio Pulse from Benzinga Newsdesk
BMO Capital analyst Brian Pitz maintains a Market Perform rating on Airbnb (NASDAQ:ABNB) and raises the price target from $135 to $151.

May 09, 2024 | 2:50 pm
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BMO Capital analyst Brian Pitz maintains a Market Perform rating on Airbnb and raises the price target from $135 to $151.
The increase in price target by BMO Capital suggests a positive outlook on Airbnb's stock performance in the short term. This adjustment reflects an expectation of stronger financial performance or market positioning than previously anticipated. As price targets often influence investor sentiment and can lead to price movements, this update is likely to be viewed positively by the market, potentially leading to an increase in Airbnb's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100