Rosenblatt launches online travel and mobility coverage, favors platform leaders
Rosenblatt initiated coverage of the online travel and mobility sector, favoring large platforms. Analyst Scott Devitt rated Uber, DoorDash, Booking Holdings, and Airbnb as Buy with respective targets of $100, $270, $245, and $220. He rated Instacart parent Maplebear, Lyft, and Expedia as Neutral with targets of $55, $19, and $360, citing competitive and structural challenges.

