B of A Securities Reinstates Neutral on Duolingo, Announces $188 Price Target
Portfolio Pulse from Benzinga Newsdesk
B of A Securities analyst Curtis Nagle has reinstated Duolingo (NASDAQ:DUOL) with a Neutral rating and announced a price target of $188.

October 19, 2023 | 2:24 pm
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NEUTRAL IMPACT
Duolingo's stock may see some movement following the reinstatement of a Neutral rating and a price target of $188 by B of A Securities.
Analyst ratings and price targets can influence investor sentiment and potentially impact a stock's price. In this case, B of A Securities has reinstated a Neutral rating on Duolingo, indicating that they believe the stock is fairly valued at its current price. The announced price target of $188 may also influence investor decisions, potentially leading to some movement in the stock's price. However, as the rating is Neutral, the impact may not be significant.
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IMPORTANCE 75
RELEVANCE 100