Truist Securities Maintains Hold on Airbnb, Lowers Price Target to $124
Portfolio Pulse from Benzinga Newsdesk
Truist Securities has maintained a Hold rating on Airbnb and lowered its price target from $134 to $124.
September 04, 2024 | 3:30 pm
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Truist Securities has maintained a Hold rating on Airbnb and reduced its price target from $134 to $124, indicating a cautious outlook.
The lowering of the price target by Truist Securities suggests a less optimistic view on Airbnb's short-term performance, which could lead to a negative impact on the stock price. The Hold rating indicates that the analyst does not see significant upside potential at the moment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100