** Shares of Airbnb ABNB.O up 1.8% at $136.79 premarket

** Jefferies upgrades stock to "buy" from "hold" and raises PT to $185 from $165

** Core lodging business alone is worth ABNB's current value, implying zero is being ascribed to experiences or take rate, brokerage says citing its analysis

** Believes lodging share gains will be augmented by increased adoption of experiences, an opportunity ABNB is uniquely well positioned to capture

** U.S. stocks broadly lower in premarket trading on heightened trade war concerns .N

** On Feb. 13, ABNB posted higher quarterly revenue as international travel demand remained strong, although it forecast slower growth for Q1 due to tough year-over-year comparisons and a stronger dollar

** 14 out of 45 brokerages covering ABNB rate it "buy" or higher, 26 "hold" and 5 "sell" or lower; median PT is $160, which implies a 19% upside over the next 12 months - data compiled by LSEG

** Stock has tumbled 18% in the past 21 sessions, and down 39% from its 2021 peak

(Reporting by Pranav Kashyap in Bangalore)

((Pranav.Kashyap@thomsonreuters.com; +919886482111;))