Susquehanna raised the firm’s price target on Airbnb (ABNB) to $200 from $160 and keeps a Positive rating on the shares. The firm said they posted a strong 4Q driven by healthy travel demand and some internal product improvements. While the outlook came in a bit below expectations, this was largely due to calendar effects and FX headwinds, and management suggested the positive demand trends have continued into 2025.
Discover the Best Stocks and Maximize Your Portfolio:
- See what stocks are receiving strong buy ratings from top-rated analysts.
- Filter, analyze, and streamline your search for investment opportunities with TipRanks’ Stock Screener.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ABNB:
- Airbnb price target raised to $185 from $158 at Bernstein
- Balanced Hold Rating for Airbnb Amid Market Challenges and Growth Opportunities
- Airbnb, Inc. Earnings Call: Mixed Outlook with Strong Financials
- Buy/Sell: Wall Street’s top 10 stock calls this week
- Airbnb (NASDAQ:ABNB) Blasts Up on New Analyst Ratings