Piper Sandler Maintains Overweight on Duolingo, Raises Price Target to $191
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani maintains an Overweight rating on Duolingo (NASDAQ:DUOL) and raises the price target from $170 to $191.
October 13, 2023 | 8:21 am
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POSITIVE IMPACT
Piper Sandler maintains an Overweight rating on Duolingo and raises the price target from $170 to $191, which could positively impact the stock's price.
The raised price target by Piper Sandler indicates a bullish outlook on Duolingo's stock. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100