Wedbush upgrades Airbnb to Neutral as earnings and revenue growth are expected despite margin pressures.

Wedbush has upgraded Airbnb's stock rating to Neutral amid expectations of higher revenue and earnings per share in the upcoming Q1 earnings report. While the company is projected to see strong growth in revenue and gross bookings, profit margins may be pressured due to investments in platform improvements and new services. The travel sector's potential summer recovery, driven by a better U.S. economic outlook, could benefit Airbnb as a cyclical stock. Airbnb currently trades around $140.88 with a market cap of about $84.46 billion.