Wedbush Maintains Outperform on Airbnb, Lowers Price Target to $135
Portfolio Pulse from Benzinga Newsdesk
Wedbush analyst Scott Devitt maintains an Outperform rating on Airbnb (NASDAQ:ABNB) but lowers the price target from $165 to $135.

August 07, 2024 | 3:11 pm
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NEUTRAL IMPACT
Wedbush analyst Scott Devitt maintains an Outperform rating on Airbnb but lowers the price target from $165 to $135.
The Outperform rating suggests continued confidence in Airbnb's performance, but the lowered price target indicates some caution about its near-term growth potential. This mixed signal is likely to result in a neutral short-term impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100