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Published on 11 Apr 2024 on Benzinga

Airbnb AI? Analyst Warns Investors About Getting Too Bullish - Airbnb (NASDAQ:ABNB)

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Airbnb Inc ABNB shares are trading lower after Needham analyst Bernie McTernan downgraded the stock from Buy to Hold.

The market has an overly optimistic view of Airbnb’s potential to leverage artificial intelligence (AI) to disrupt the global online travel agency (OTA) industry, McTernan says.

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