Airbnb is a Good Long-Term Buy Says Wells Fargo’s Analyst

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Fitzgerald remains optimistic for the third quarter, arguing that the guidance provided by ABNB is “conservative.” However, he does caution that the “spread of Covid variants, local travel restrictions, and slowing vaccinations are beginning to adversely impact cancellations.”

On TipRanks, Fitzgerald is ranked #36 out of over 7,000 total analysts. He has a success rate of 70%, averaging a return of 32.9% per rating.