Airbnb Stock Moves Higher on Upgrade to 'Buy'

Group 1 - Mizuho upgraded Airbnb Inc (NASDAQ:ABNB) to "buy" from "neutral" and increased its price target to $200 from $150, citing potential growth from sponsored listings and demand from the summer Olympics [1] - The majority of analysts remain skeptical, with 26 out of 36 firms rating the stock as a "hold" or worse, and a 12-month consensus target price of $151.40, indicating an 8.2% discount to current levels [1] Group 2 - Short-term options traders are leaning bullish, as indicated by Airbnb's Schaeffer's put/call open interest ratio (SOIR) of 1.09, which is in the low 17th percentile of the last 12 months [2] - Options volume is currently running at double the intraday average, with 3,416 calls and 2,207 puts traded, and the weekly 4/26 170-strike call is the most popular [2] - Airbnb shares reached a two-year high of $170.10 on March 21 before pulling back to around $155, and are now consolidating above the 20-day moving average with a year-over-year gain of 46.9% [2]