ABNB Stock: $205 Target From Loop Capital

By Amit Chowdhry ● Oct 2, 2021
  • The shares of Airbnb Inc (NASDAQ: ABNB) have received a price target of $205 from Loop Capital. These are the details.

The shares of Airbnb Inc (NASDAQ: ABNB) have received a price target of $205 from Loop Capital. And Loop Capital analyst Rob Sanderson had adjusted the price target from $195 while maintaining a “Buy” rating on the shares.

Sanderson had cited the call from the company CEO Brian Chesky for a travel revolution and the post-pandemic incremental market in serving more remote workers. And Sanderson believes that Airbnb is well-positioned for capturing incremental share from a recovery in travel while taking the lion’s share of the emerging live anywhere use case.

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