Why Airbnb Stock Keeps Going Up
After blowing out earnings Tuesday evening, shares of room-rental company Airbnb (NASDAQ: ABNB) went on an absolute tear. At last report, the stock is up nearly 32% from last week's closing price, including a 4.7% gain through 12:12 p.m. ET today.
And Wall Street thinks there may be more in store for investors.
Wall Street analysts at Loop Capital, DA Davidson, and HSBC all boarded the Airbnb train this morning, raising their price targets on the stock to $145, $145 again, and $163 a share, respectively, according to a compilation from ratings watcher The Fly.
Source Fool.com
