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Airbnb Shares Gain As Cowen Bumps Price Target By 38%, Upgrades To Outperform

Airbnb Shares Gain As Cowen Bumps Price Target By 38%, Upgrades To Outperform

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Cowen analyst Kevin Kopelman upgraded Airbnb Inc (NASDAQ: ABNB) to Outperform from Market Perform with a price target of $220, up from $160, implying 32% upside.  Airbnb pioneered the hotel-to-homes shift, and at $47 billion in alternative gross booking value in 2021, he estimates it has greater than 50% share and growing among the global OTAs.

...read full article on Benzinga

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