JP Morgan Maintains Neutral on Airbnb, Raises Price Target to $145
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Doug Anmuth has maintained a Neutral rating on Airbnb (NASDAQ:ABNB) while raising the price target from $140 to $145.
May 09, 2024 | 7:54 pm
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JP Morgan analyst Doug Anmuth maintains a Neutral rating on Airbnb but raises the price target from $140 to $145.
The increase in price target by JP Morgan suggests a positive outlook on Airbnb's stock value in the short term, despite maintaining a Neutral rating. This adjustment reflects an expectation of stronger performance or favorable market conditions for Airbnb, potentially leading to increased investor interest and a positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100