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uranium-pinto-beans

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Thursday, 05/09/2024 10:43:37 AM

Thursday, May 09, 2024 10:43:37 AM

Post# of 364524
Airbnb price target raised to $151 from $135 at BMO Capital
BMO Capital analyst Brian Pitz raised the firm's price target on Airbnb to $151 from $135 and keeps a Market Perform rating on the shares after its Q1 earnings beat. The company continues executing against its strategic initiatives, evident by supply growth of 17% and Gross Nights Booked up 10%, the analyst tells investors in a research note. Airbnb's expected Q3 summer backlog growth is also healthy, implying potential market share gains given accelerating revenue growth in the quarter, the firm added.

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