TD Cowen Maintains Buy on Airbnb, Lowers Price Target to $125
Portfolio Pulse from Benzinga Newsdesk
TD Cowen analyst Kevin Kopelman maintains a Buy rating on Airbnb (NASDAQ:ABNB) but lowers the price target from $170 to $125.
August 07, 2024 | 9:20 pm
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TD Cowen analyst Kevin Kopelman maintains a Buy rating on Airbnb but lowers the price target from $170 to $125.
The Buy rating suggests continued confidence in Airbnb's long-term prospects, but the lowered price target indicates concerns about short-term performance or market conditions. This mixed signal is likely to result in a neutral short-term impact on the stock price.
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IMPORTANCE 80
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