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Airbnb price target raised to $149 from $146 at BofA

BofA analyst Justin Post raised the firm’s price target on Airbnb (ABNB) to $149 from $146 and keeps a Neutral rating on the shares after a Q3 beat with improving U.S. demand. The firm is raising estimates after what it calls a “good quarter,” but still favors others in online travel agency sector, adding that it would look for room night growth acceleration above peers to get more constructive.

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