Mizuho analyst James Lee raised the firm’s price target on Airbnb to $150 from $145 and keeps a Neutral rating on the shares post the Q2 report. The analyst would wait for a better entry point or new catalysts such as advertising that could drive take-rate and profitability upside to buy the shares.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on ABNB: