JMP Securities Downgrades Duolingo to Market Perform
Portfolio Pulse from Benzinga Newsdesk
JMP Securities has downgraded Duolingo from Market Outperform to Market Perform, indicating a less optimistic outlook on the company's stock performance.
October 14, 2024 | 9:56 am
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JMP Securities has downgraded Duolingo from Market Outperform to Market Perform, suggesting a more cautious stance on the stock's future performance.
The downgrade from Market Outperform to Market Perform by JMP Securities indicates a shift to a more neutral outlook on Duolingo's stock. This could lead to a short-term negative impact on the stock price as investors may adjust their expectations and positions based on the analyst's revised rating.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100