Airbnb (NASDAQ:ABNB) is gaining some serious attention from Wall Street. As COVID-19-associated restrictions continue to ease around the globe, the vacation home rental platform has scored a Buy rating from Berenberg Bank alongside a target price of $143.
The coverage initiation from Berenberg comes fresh on the heels of Bernstein analyst Richard Clarke initiating coverage on Airbnb with a Buy rating and a $143 price target as well.
What is the Target Price for ABNB Stock?
The stock currently has 14 Buys, 13 Holds, and a Sell which means the Street still remains cautiously optimistic about Airbnb with a Moderate Buy consensus rating.
The average analyst price target of $140.04 indicates 26.38% upside potential for ABNB stock. That’s after a nearly 36% slide in its share price year-to-date.