JMP Securities Upgrades Duolingo to Market Outperform, Announces $260 Price Target
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has upgraded Duolingo (NASDAQ:DUOL) from Market Perform to Market Outperform, with a new price target of $260.
May 28, 2024 | 9:57 am
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JMP Securities has upgraded Duolingo from Market Perform to Market Outperform, setting a new price target of $260. This upgrade reflects increased confidence in Duolingo's growth prospects.
The upgrade from Market Perform to Market Outperform by JMP Securities, along with a significant price target increase to $260, is likely to boost investor confidence and positively impact Duolingo's stock price in the short term.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100