TD Cowen Remains a Buy on Airbnb (ABNB)
TD Cowen analyst Kevin Kopelman maintained a Buy rating on Airbnb today and set a price target of $160.00.
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According to TipRanks, Kopelman is a 4-star analyst with an average return of 6.1% and a 55.75% success rate. Kopelman covers the Consumer Cyclical sector, focusing on stocks such as Expedia, Marriott International, and Norwegian Cruise Line.
In addition to TD Cowen, Airbnb also received a Buy from Wells Fargo’s Ken Gawrelski in a report issued today. However, on April 7, BTIG maintained a Hold rating on Airbnb (NASDAQ: ABNB).
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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