Airbnb (ABNB) Stock: $210 Price Target From Needham

By Amit Chowdhry ● Nov 7, 2021
  • The shares of Airbnb Inc (NASDAQ: ABNB) have received a price target of $210 from Needham. These are the details.

The shares of Airbnb Inc (NASDAQ: ABNB) have received a price target of $210 from Needham. And Needham analyst Bernie McTernan raised the price target on Airbnb from $200 while maintaining a “Buy” rating on the shares.

McTernan adjusted the price target following the company’s third quarter earnings beat. And McTernan noted that Airbnb remains bullish on the rebound in travel and is looking to be in pole position for capitalizing on new use cases and new travel destinations. 

Plus McTernan also cited Airbnb’s strong fourth quarter trends like Thanksgiving bookings — which is running 40% ahead of the 2019 pace.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.