Analysts Are Downgrading These 5 Stocks

4. Airbnb, Inc. (NASDAQ:ABNB)

Number of Hedge Fund Holders: 58

Morgan Stanley downgraded Airbnb, Inc. (NASDAQ:ABNB) from “Equal-Weight” to “Underweight” on Tuesday, December 6. The research firm also cut its price target for the online lodging marketplace from $110 per share to $80 per share.

Analyst Brian Nowak thinks the company’s active listings are expected to grow at a CAGR of 7 percent between 2022 – 2025, down from a CAGR of 12 percent between 2018 – 2022. Nowak added that a drop in active listings would create an occupancy challenge for Airbnb, Inc. (NASDAQ:ABNB).

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