airbnb shares are trading lower late tuesday after a bearish call on the stock by morgan stanley internet analyst brian nowak who sees substantial risk to current consensus earnings estimates in short he thinks the business is maturing and that growth slows from here nowak cut his rating on airbnb ticker abnb to underweight from equal weight while chopping his target price to 80 from 110 the stock closed tuesday’s regular session at 9312 the analyst also laid out a “bear case” for a potential drop to 60 in late trading airbnb shares were down 28