Citigroup Maintains Buy on Airbnb, Lowers Price Target to $167
Portfolio Pulse from Benzinga Newsdesk
Citigroup analyst Ronald Josey maintains a Buy rating on Airbnb (NASDAQ:ABNB) but lowers the price target from $170 to $167.

May 09, 2024 | 6:22 pm
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Citigroup maintains a Buy rating on Airbnb but lowers the price target from $170 to $167.
The adjustment in price target by Citigroup, while maintaining a Buy rating, suggests a continued positive outlook on Airbnb's stock but with a slightly moderated growth expectation. This could lead to a neutral short-term impact on the stock price as the market digests the minor adjustment in the price target.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100