Cantor Fitzgerald Reiterates Underweight on Airbnb, Maintains $94 Price Target
Portfolio Pulse from Benzinga Newsdesk
Cantor Fitzgerald analyst Deepak Mathivanan has reiterated an Underweight rating on Airbnb (NASDAQ:ABNB) and maintained a price target of $94.
September 23, 2024 | 1:57 pm
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Cantor Fitzgerald has reiterated an Underweight rating on Airbnb with a maintained price target of $94, indicating a cautious outlook on the stock.
The reiteration of an Underweight rating and a $94 price target by Cantor Fitzgerald suggests a bearish outlook on Airbnb's stock. This could lead to a negative short-term impact on the stock price as investors may perceive the stock as overvalued or facing challenges.
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