Truist analyst C. Patrick Scholes updated the firm’s price targets on lodging and leisure companies following the Q3 earnings reports. The firm updated its price targets on Airbnb (ABNB) to $118 from $126, Choice Hotels (CHH) to $140 from $143, Marriott (MAR) to $233 from $221, Park Hotels & Resorts (PK) to $20 from $17, Ryman (RHP) to $124 from $123, Sunstone Hotel (SHO) to $12 from $11, and TripAdvisor (TRIP) to $18 from $17.
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Read More on ABNB:
- QQQ ETF Update, 12/12/2023
- DBS Bank gets more bearish on Airbnb, downgrades shares
- Airbnb names Dave Stephenson Chief Business Officer, Ellie Mertz CFO
- Airbnb downgraded, Moderna initiated: Wall Street’s top analyst calls
- Airbnb downgraded to Hold from Buy at Jefferies
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