DA Davidson analyst Tom White raised the firm’s price target on Airbnb to $162 from $140 and keeps a Buy rating on the shares after its Q2 earnings beat reported last week. The analyst is positive on the continued strong underlying travel demand trends, along with the company’s accelerating supply growth that rose a percentage point to 18% in Q2, and an improved 2023 EBITDA margin guide.
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
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: