Airbnb gained 1% in early trading on Wall Street, helped by Wedbush, which raised its opinion from 'neutral' to 'outperform' and increased its price target from $160 to $165 on the home rental platform's stock.

The broker suggests that investors take advantage of the stock's period of relative weakness (-8.5% since May 8), and sees upside potential in short-term estimates, after second-quarter forecasts that he considers cautious.

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