Truist lowered the firm’s price target on Airbnb (ABNB) to $104 from $106 and keeps a Sell rating on the shares as part of a broader research note updating the firm’s models on Lodging and Leisure names following the sector’s Q2 results.
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Read More on ABNB:
- Airbnb price target lowered to $104 from $106 at Truist
- Airbnb’s Host-Pay Fee Model Transition: Simplified Pricing Without Take-Rate Increase
- Cautious Outlook on Airbnb: Challenges in Growth and Market Competition
- Airbnb director sells $29.6M in common stock
- Airbnb (ABNB) Rolls Out New ‘Reserve Now, Pay Later’ Feature