Barclays Maintains Equal-Weight on Duolingo, Raises Price Target to $243
Portfolio Pulse from Benzinga Newsdesk
Barclays analyst Mario Lu maintains an Equal-Weight rating on Duolingo (NASDAQ:DUOL) and raises the price target from $173 to $243.
February 29, 2024 | 1:46 pm
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Barclays analyst Mario Lu maintains an Equal-Weight rating on Duolingo and raises the price target from $173 to $243.
The increase in price target by Barclays reflects a positive outlook on Duolingo's stock, suggesting potential upside. This could lead to increased investor confidence and a short-term rise in DUOL's stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100