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Airbnb (ABNB) Receives a Hold from JMP Securities

JMP Securities analyst Nicholas Jones CFA maintained a Hold rating on Airbnb (ABNBResearch Report) today. The company’s shares closed last Tuesday at $116.34.

According to TipRanks.com, CFA is a 5-star analyst with an average return of 16.3% and a 52.6% success rate. CFA covers the Technology sector, focusing on stocks such as Opendoor Technologies, Zillow Group Class A, and Offerpad Solutions.

Airbnb has an analyst consensus of Moderate Buy, with a price target consensus of $150.69, a 34.9% upside from current levels. In a report issued on July 26, Argus Research also initiated coverage with a Hold rating on the stock.

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The company has a one-year high of $212.58 and a one-year low of $86.71. Currently, Airbnb has an average volume of 7.93M.

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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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