Goldman Sachs Maintains Neutral on Duolingo, Raises Price Target to $250
Portfolio Pulse from Benzinga Newsdesk
Goldman Sachs analyst Eric Sheridan maintains a Neutral rating on Duolingo (NASDAQ:DUOL) but raises the price target from $198 to $250.
October 16, 2024 | 1:34 pm
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Goldman Sachs has maintained its Neutral rating on Duolingo but increased the price target from $198 to $250, indicating a positive outlook despite the neutral stance.
The increase in price target from $198 to $250 by Goldman Sachs suggests a positive outlook for Duolingo's future performance. Although the rating remains Neutral, the higher price target could lead to increased investor interest and a potential short-term price increase.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100