Airbnb Remains Attractive Despite Travel Headwinds, Baird Says

Baird reiterated its Outperform rating and $145 price target on Airbnb Inc. (NASDAQ: ABNB), noting that the stock remains appealing despite near-term volatility. The firm said shares may continue to experience fluctuations due to geopolitical developments in the Middle East and broader travel-related headwinds. However, third-party data indicated that demand trends remained largely in line with expectations through the first quarter. Baird also noted that demand appears to be holding up for the summer trave ...