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 30, 2024 | 3:46 pm
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Cantor Fitzgerald has reiterated an Underweight rating on Airbnb, maintaining a $94 price target. This suggests a bearish outlook on the stock.
The reiteration of an Underweight rating and a $94 price target by Cantor Fitzgerald indicates a bearish sentiment towards Airbnb's stock. This could lead to a negative short-term impact on the stock price as investors may perceive this as a lack of confidence in the company's near-term performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100