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Airbnb Has Catalysts On The Horizon, Says Bullish Analyst

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Airbnb Inc (NASDAQ:ABNB) has been trying to leverage artificial intelligence (AI) to disrupt the global online travel agency (OTA) industry.

Sponsored listings offer “meaningful” upside to the company’s EBITDA in the long term, according to Mizuho Securities.

The Airbnb Analyst: James Lee upgraded the rating for Airbnb from Neutral to Buy, while raising the price target from $150 to $200.

The Airbnb Thesis: The company could generate nearly 15% EBITDA upside in …

Full story available on Benzinga.com

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