B of A Securities Maintains Neutral on Airbnb, Lowers Price Target to $132
Portfolio Pulse from Benzinga Newsdesk
B of A Securities has maintained a Neutral rating on Airbnb (NASDAQ:ABNB) but has lowered the price target from $160 to $132.
August 07, 2024 | 5:15 pm
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B of A Securities has maintained a Neutral rating on Airbnb but has lowered the price target from $160 to $132.
The lowered price target from $160 to $132 by B of A Securities 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100