Morgan Stanley raised the firm’s price target on Airbnb (ABNB) to $130 from $125 and keeps an Underweight rating on the shares. The firm is mostly lowering estimates for its North American internet stock coverage as it details macro and tariff impacts to e-commerce and digital ads. However, for Airbnb the firm updated its model for Q4 EPS and raised FY26 adjusted EBITDA 4% to $4.8B.
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