Bernstein: Consumer Internet Median Down 11%, Three Paths Bet on 2027
Source：
www.techflowpost.com
Bernstein assesses that the market's pessimistic pricing of AI agents is excessive, with three paths potentially driving outperformance in 2027: AI laggards bouncing back, revenue acceleration, and free cash flow upside. It assigns Outperform ratings to DoorDash, Uber, Instacart, and Wayfair, with respective price targets of $270, $195, $60, and $125.