Barclays raised the firm’s price target on Airbnb (ABNB) to $120 from $110 and keeps an Underweight rating on the shares. The company’s Q4 report is “better on balance,” even as the Q1 room nights outlook is a “tad light” versus expectations, the analyst tells investors in a research note. The firm says Airbnb’s fiscal 2025 margin floor of 34.5% on just $200M-$250less than investment for new businesses is a positive.
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Read More on ABNB:
- Airbnb upgraded to Hold from Sell at Gordon Haskett
- Strong Market Position and Growth Potential Drive Buy Rating for Airbnb Amid Impressive Q4 Results and Strategic Expansion Plans
- Airbnb upgraded to Outperform from Neutral at Baird
- Airbnb upgraded to Neutral from Sell at Goldman Sachs
- Airbnb’s Strong Q4 Results Overshadowed by 2025 Challenges: Hold Rating Maintained