Needham Maintains Buy on Duolingo, Raises Price Target to $210
Portfolio Pulse from Benzinga Newsdesk
Needham analyst Ryan MacDonald has maintained a 'Buy' rating on Duolingo (NASDAQ:DUOL) and raised the price target from $160 to $210.
November 09, 2023 | 12:09 pm
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POSITIVE IMPACT
Needham analyst has maintained a 'Buy' rating on Duolingo and raised the price target from $160 to $210, indicating a positive outlook for the stock.
The raised price target by Needham analyst indicates a positive outlook for Duolingo's stock. This could lead to increased investor confidence and potentially a rise in the stock's price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100