Deutsche Bank Maintains Hold on Airbnb, Lowers Price Target to $90
Portfolio Pulse from Benzinga Newsdesk
Deutsche Bank analyst Lee Horowitz maintains a Hold rating on Airbnb (NASDAQ:ABNB) but lowers the price target from $143 to $90.
August 07, 2024 | 5:32 pm
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Deutsche Bank analyst Lee Horowitz maintains a Hold rating on Airbnb but significantly lowers the price target from $143 to $90.
The significant reduction in the price target from $143 to $90 by Deutsche Bank suggests a bearish outlook on Airbnb's stock performance. This could lead to a negative short-term impact on the stock price as investors react to the lowered expectations.
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