tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Airbnb initiated with an Outperform at Mizuho

Mizuho analyst Lloyd Walmsley initiated coverage of Airbnb (ABNB) with an Outperform rating and $151 price target The firm sees the shares as a product cycle play on the shift to hotel driving eventual re-acceleration in revenue. As the hotel go-to-market becomes clearer and starts to flow into product, Mizuho believes attention shifts here given the magnitude of the opportunity, the analyst tells investors in a research note.

Elevate Your Investing Strategy:

  • Take advantage of TipRanks Premium at 55% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue

1