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Evercore ISI Keeps Their Buy Rating on Airbnb (ABNB)

Tipranks - Tipranks - Sat Mar 28, 8:48AM CDT

Evercore ISI analyst Mark Mahaney maintained a Buy rating on Airbnb today and set a price target of $145.00.

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Mahaney covers the Communication Services sector, focusing on stocks such as Trade Desk, Meta Platforms, and Alphabet Class A. According to TipRanks, Mahaney has an average return of 6.3% and a 47.99% success rate on recommended stocks.

In addition to Evercore ISI, Airbnb also received a Buy from TipRanks – PerPlexity’s PerPlexity Travel Services in a report issued on March 17. However, yesterday, Truist Financial upgraded Airbnb (NASDAQ: ABNB) to a Hold.

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Based on Airbnb’s latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $2.78 billion and a net profit of $341 million. In comparison, last year the company earned a revenue of $2.48 billion and had a net profit of $461 million

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