Piper Sandler Maintains Overweight on Duolingo, Maintains $271 Price Target
Portfolio Pulse from Benzinga Newsdesk
Piper Sandler analyst Arvind Ramnani has reiterated an Overweight rating on Duolingo (NASDAQ:DUOL) and maintained a price target of $271.
August 30, 2024 | 9:11 am
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Piper Sandler has reiterated an Overweight rating on Duolingo, maintaining a price target of $271, indicating confidence in the company's growth potential.
The reaffirmation of an Overweight rating and a high price target suggests that the analyst expects Duolingo's stock to perform well. This positive sentiment can lead to increased investor confidence and potentially drive the stock price up in the short term.
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