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Airbnb price target raised to $130 from $124 at BMO Capital

BMO Capital raised the firm’s price target on Airbnb (ABNB) to $130 from $124 and keeps a Market Perform rating on the shares. The company reported a solid Q3, with revenue and adjusted EBITDA 0.4% and 0.7% above consensus, while the management also sees continued momentum despite tougher comps, the analyst tells investors in a research note.

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