Canaccord analyst Michael Graham raised the firm’s price target on Airbnb to $165 from $145 and keeps a Buy rating on the shares. The analyst said they reported strong Q4 results aided by increased cross-border travel and a return to urban stays, and supply growth was also strong. Management expects these trends to continue in Q1.
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
See Insiders’ Hot Stocks on TipRanks >>
Read More on ABNB: