Piper Sandler Maintains Overweight on Duolingo, Raises Price Target to $170
Portfolio Pulse from richadhand@benzinga.com
Piper Sandler analyst Arvind Ramnani has maintained an Overweight rating on Duolingo (NASDAQ:DUOL) and raised the price target from $167 to $170.
August 09, 2023 | 8:29 am
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Piper Sandler's raised price target for Duolingo suggests a positive outlook for the company's stock.
Analyst ratings and price targets can significantly influence a company's stock price. In this case, Piper Sandler's decision to maintain an Overweight rating and raise the price target for Duolingo suggests they believe the company's stock will perform well in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100