airbnb inc abnb shares are trading lower thursday by 383 at 9572 morgan stanley slashed its price target on the stock morgan stanley maintained airbnb with an equalweight rating but lowered the price target from 145 to 100 citing weakening travel demand travel spend intentions over the next six months downticked across almost every income bracket over the last two weeks morgan stanley said citing an alphawise consumer pulse survey the percentage of highincome consumers that plan to reduce travel as a result of rising inflation also increased the analyst firm said tourism and vacation saw the biggest monthovermonth decline and net travel spending intentions for both domestic and international leisure turned negative for the first time together taken together we see clearer evidence that travel demand is likely to slow morgan stanley said see also why ginkgo bioworks shares are rising after announcement with partner cronos group abnb price action airbnb has traded between 21258 and 9209 over a 52week period according to data from benzinga pro