Piper Sandler downgrades Airbnb on prediction travel will return to pre-pandemic pattern

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Hannah Miao@hannahmiao_
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The Airbnb logo is seen on a little mini pyramid under the glass Pyramid of the Louvre museum in Paris, France, March 12, 2019.
Charles Platiau | Reuters

Piper Sandler on Monday downgraded shares of Airbnb, citing a return to a more normal travel environment.