Morgan Stanley Assumes Airbnb at Equal-Weight, Announces Price Target of $170
Morgan Stanley analyst Matthew Cost assumes Airbnb (NASDAQ:ABNB) with a Equal-Weight rating and announces Price Target of $170.
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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.
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