CFRA Has Sell Rating on DASH, Buy Rating on ABNB Ahead Of 1Q Reports

Schwab Network

English - May 13, 2021 19:46 - 4 minutes - 78.9 MB - ★★★★★ - 23 ratings
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Angelo Zino previews two newly pubic companies, DoorDash and AirBNB, ahead of their post-market earnings Thursday. The CFRA has a sell rating on DoorDash ahead of the report, due to the uncertainty of what the company's orders will look like in a post-pandemic world. Adversely, the CFRA has a buy rating on AirBNB with it having an "enormous" amount of pent-up demand. Zino says monthly bookings could exceed previous peak levels by year-end.