Shares of travel-related companies are trading higher as oil prices decline amid growing optimism for a de-escalation of the conflict between the U.S. and Iran, easing fuel price pressures on the industry. The industry may be buoyed by JetBlue after the company's Q2 financial results highlighted continued demand strength and commercial actions.

Live On CNBC, Josh Brown Host Segment Titled “Josh’s Best Stock Spotlight: Airbnb"

Bernstein Maintains Outperform on Airbnb, Raises Price Target to $217

Bernstein analyst Richard Clarke maintains Airbnb (NASDAQ:ABNB) with a Outperform and raises the price target from $168 to $217.

Airbnb shares are trading higher after Evercore ISI Group maintained its Outperform rating on the stock and raised its price target from $190 to $200.

Evercore ISI Group Maintains Outperform on Airbnb, Raises Price Target to $200

Evercore ISI Group analyst Mark Mahaney maintains Airbnb (NASDAQ:ABNB) with a Outperform and raises the price target from $190 to $200.

Airline Stocks Rally, Treasury Yields Fall as Oil Tumbles on Iran Sanctions

Every major US carrier opened higher as crude fell 3% on Iran de-escalation signals, while Treasury yields fell across the curve and energy lagged.

Raymond James Maintains Outperform on Alaska Air Group, Lowers Price Target to $52

Raymond James analyst Savanthi Syth maintains Alaska Air Group (NYSE:ALK) with a Outperform and lowers the price target from $60 to $52.