Piper Sandler raised the firm’s price target on Airbnb (ABNB) to $145 from $125 and keeps a Neutral rating on the shares following a “solid” Q3. The firm contends Airbnb remains a “blue chip” name and travel brand. Piper added that the company will lean into marketing investments and the firm remains neutral on the travel space.
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Read More on ABNB:
- Morning Movers: Expedia, Airbnb moving in opposite directions after results
- Airbnb price target raised to $115 from $106 at Deutsche Bank
- Airbnb price target lowered to $135 from $140 at B. Riley
- Airbnb price target raised to $155 from $150 at TD Cowen
- Airbnb price target raised to $154 from $142 at BofA