Airbnb rolls out positive guidance after Q4 revenue beats estimates
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DA Davidson Downgrades Airbnb Inc. (ABNB) to Neutral Citing Valuation
February 14, 2024 7:29 AM ESTDA Davidson analyst Tom White downgraded Airbnb Inc. (NASDAQ: ABNB) from Buy to Neutral with a price target of $145.00.
The analyst comments "We are downgrading shares of ABNB from Buy to NEUTRAL and maintain our 12-month price target at $145. ABNBs 4Q23 results were solid, with decent upside vs. expectations on both the topline and adj. EBITDA. Managements outlook commentary for 1Q and CY24 suggests that this... More
