Bernstein Maintains Outperform on Airbnb, Lowers Price Target to $155
Portfolio Pulse from Benzinga Newsdesk
Bernstein analyst Richard Clarke maintains an Outperform rating on Airbnb (NASDAQ:ABNB) but lowers the price target from $174 to $155.
September 17, 2024 | 11:49 am
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Bernstein analyst Richard Clarke continues to see potential in Airbnb, maintaining an Outperform rating. However, the price target is reduced from $174 to $155, indicating a more conservative outlook.
The Outperform rating suggests continued confidence in Airbnb's performance, but the lowered price target reflects a more cautious stance on its valuation. This mixed signal may lead to neutral short-term price movement.
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