Deutsche Bank raised the firm’s price target on Airbnb (ABNB) to $115 from $106 and keeps a Hold rating on the shares. The company reported “relatively strong” Q3 results driven by strong performances across all geographies, the analyst tells investors in a research note. The firm says ongoing “tepid” growth in the company’s B2C business, despite growing investments, clouds its 2025 earnings growth algorithm .
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABNB: