DA Davidson keeps a Buy rating and $155 price target on Airbnb (ABNB) after the company’s Q3 earnings. The results were broadly ahead of expectations as Nights/Seats Booked grew 9% y/y, the analyst tells investors in a research note. Airbnb continues to see strong demand in October despite more difficult y/y comparisons, with the company seeing particular strength in longer lead time bookings, in part driven by its Reserve Now, Pay Later offering in the United States, the firm added.
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