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Airbnb (ABNB) Gets a Hold Rating from BTIG

In a report released yesterday, Jake Fuller from BTIG maintained a Hold rating on Airbnb (ABNBResearch Report). The company’s shares closed last Tuesday at $145.00.

According to TipRanks.com, Fuller is a 4-star analyst with an average return of 9.3% and a 53.1% success rate. Fuller covers the Services sector, focusing on stocks such as Booking Holdings, TripAdvisor, and Expedia.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Airbnb with a $196.56 average price target, which is a 27.6% upside from current levels. In a report issued on April 25, Stifel Nicolaus also maintained a Hold rating on the stock with a $205.00 price target.

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Airbnb’s market cap is currently $94.88B and has a P/E ratio of -190.99.

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Founded in 2007, California-based Airbnb, Inc. is an online marketplace which connects hosts and guests online or through mobile devices to book travel services and accommodation facilities worldwide. The company provides apartments, villas, bungalows, private homestays, and tourism services.

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