Susquehanna raised the firm’s price target on Airbnb (ABNB) to $200 from $160 and keeps a Positive rating on the shares. The firm said they posted a strong 4Q driven by healthy travel demand and some internal product improvements. While the outlook came in a bit below expectations, this was largely due to calendar effects and FX headwinds, and management suggested the positive demand trends have continued into 2025.
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