BUZZ - Airbnb shares rise as it raises its annual revenue growth forecast

November 6 - ** Vacation rental platform Airbnb ABNB.O shares rose 11.9% in pre-market trading to $190.35

** The San Francisco-based company (link) expects its annual revenue growth rate to reach the "high end of 10%," previously forecasting "at least the mid-10% range"

** The company approved a new $12 billion share buyback plan

** Jefferies raised its ABNB price target from $170 to $215, implying about 26% upside from the previous closing price, after the company reported quarterly results above expectations and raised its guidance, showing accelerated growth across regions, markets, and new customers

** Of 44 analysts, 19 rate it "Buy," 16 "Hold," 8 "Strong Buy," and 1 "Sell"; the median price target is $200 — LSEG data

** As of the previous session's close, the stock was up 25.4% year to date

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