BMO Capital raised the firm’s price target on Airbnb (ABNB) to $140 from $130 and keeps a Market Perform rating on the shares. The company reported a solid Q4, with revenue and EBITDA above consensus and the guidance topping estimates, as management sees acceleration on slightly better take rate and FX tailwind, the analyst tells investors in a research note.
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Read More on ABNB:
- Airbnb upgraded to Outperform from In Line at Evercore ISI
- Airbnb: Solid Execution but Limited Upside Keeps Shares at Hold
- Airbnb price target raised to $122 from $120 at Barclays
- Balanced Growth Prospects and Margin Pressures Justify Hold Rating on Airbnb
- Airbnb upgraded to Buy from Hold at Deutsche Bank