UBS raised the firm’s price target on Airbnb (ABNB) to $147 from $145 and keeps a Neutral rating on the shares following the quarterly earnings report. Prospects for Q4 Nights/Seats decelerating to mid-single digit levels were already well-anticipated and priced into the shares, the analyst tells investors in a research note.
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Read More on ABNB:
- Airbnb’s Mixed Prospects: Innovation and Growth Uncertainty Lead to Hold Rating
- Airbnb price target raised to $111 from $110 at Wells Fargo
- Airbnb price target raised to $107 from $105 at Barclays
- Airbnb’s Strategic Growth and Financial Stability Drive Buy Rating
- Airbnb Reports Revenue Growth and Strategic Investments