Airbnb price target raised to $130 from $120 at Morgan Stanley

Morgan Stanley analyst Brian Nowak raised the firm’s price target on Airbnb (ABNB) to $130 from $120 and keeps an Underweight rating on the shares. The firm previewed Q2 EPS for the North American Internet group, stating that Amazon (AMZN) remains its top mega cap pick, while moving down the cap size it is most bullish on Uber (UBER), DoorDash (DASH), Trade Desk (TTD) and eBay (EBAY) and remains more cautious on online travel names and Etsy (ETSY).