Evercore ISI raised the firm’s price target on Airbnb (ABNB) to $168 from $145 and keeps an Outperform rating on the shares following what the firm describes as “modest best & raise” Q2 results. While the firm maintains a preference for Booking Holdings (BKNG), it continues to have a constructive view on Airbnb, whose fundamentals are “intrinsically impressive,” the analyst tells investors.
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Read More on ABNB:
- Airbnb price target raised to $165 from $150 at Credit Suisse
- Airbnb price target lowered to $145 from $158 at TD Cowen
- Airbnb price target raised to $140 from $120 at Baird
- Airbnb price target raised to $150 from $145 at Mizuho
- Airbnb Stock (NASDAQ:ABNB): Should Investors Be Cautious Despite Q2 Beat?