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Stock impact report

Airbnb, Inc. (ABNB) Target Raised at Truist Following Q4 Performance and Sector Review [Yahoo! Finance]

Truist Financial Corporation (TFC) 
Last truist financial corporation earnings: 4/20 05:45 am Check Earnings Report
Company Research Source: Yahoo! Finance
TheFly reported on March 26 that Truist Financial revised its rating on ABNB to Hold from Sell, setting a new price target of $129, up from $107. The upgrade followed an increase in the company's 2026 adjusted EBITDA and earnings forecasts. Truist also refreshed its sector-wide estimates and targets for lodging and leisure companies after reviewing fourth-quarter results, reflecting stronger-than-expected performance and improved financial outlooks across the segment. Separately, earlier on March 10, Airbnb, Inc. (NASDAQ:ABNB) announced that Gus Fuldner will join the company as Global Head of Operations, effective March 16. Fuldner, previously a senior executive at Uber, brings extensive experience in building operational systems at scale and tackling complex logistical challenges. His appointment follows a planned leadership transition, succeeding the outgoing operations head, and is intended to strengthen Airbnb's global operations. Airbnb, Inc. (ABNB) Target Raised at Truist F Show less Read more
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