UBS Maintains Buy on Duolingo, Raises Price Target to $355
Portfolio Pulse from Benzinga Newsdesk
UBS analyst Chris Kuntarich has maintained a Buy rating on Duolingo and raised the price target from $225 to $355.
October 08, 2024 | 3:44 pm
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UBS analyst Chris Kuntarich has maintained a Buy rating on Duolingo and significantly raised the price target from $225 to $355, indicating strong confidence in the company's future performance.
The significant increase in the price target from $225 to $355 by UBS suggests a strong positive outlook on Duolingo's future performance. This is likely to boost investor confidence and could lead to a short-term increase in the stock price.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100