JP Morgan Maintains Overweight on Duolingo, Raises Price Target to $303
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Bryan Smilek maintains an Overweight rating on Duolingo and raises the price target from $255 to $303.
September 25, 2024 | 3:28 pm
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POSITIVE IMPACT
JP Morgan analyst Bryan Smilek has increased the price target for Duolingo from $255 to $303 while maintaining an Overweight rating. This suggests a positive outlook for Duolingo's stock.
The increase in price target from $255 to $303 by JP Morgan indicates a strong positive sentiment towards Duolingo's future performance. Maintaining an Overweight rating suggests confidence in the stock's potential to outperform the market.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100