RBC Capital Maintains Sector Perform on Airbnb, Lowers Price Target to $120
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Brad Erickson maintains a Sector Perform rating on Airbnb (NASDAQ:ABNB) but lowers the price target from $150 to $120.

August 07, 2024 | 3:27 pm
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RBC Capital analyst Brad Erickson maintains a Sector Perform rating on Airbnb but lowers the price target from $150 to $120.
The lowered price target from $150 to $120 by RBC Capital suggests a less optimistic outlook for Airbnb's stock performance. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations accordingly.
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