Stocks expected to have increasing option volume: HOOD GDDY QDEL LYFT ROKU Z ZG ABNB UPST AKAM CART MODG MGM CART CSCO

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DA Davidson Downgrades Airbnb Inc. (ABNB) to Neutral Citing Valuation

February 14, 2024 7:29 AM EST

DA 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