Duolingo Price Target Raised to $135.00 Amid Neutral Rating
Duolingo's (NASDAQ:DUOL) price target has been raised by JPMorgan Chase & Co. from $125.00 to $135.00 in a recent research note.
This represents a potential downside of 4.99% from the company's previous close, which was at $142.08 as of Thursday.
JPMorgan Chase & Co. has a 'neutral' rating on Duolingo and currently owns about 91.59% of the stock, with institutional investors and hedge funds holding significant stakes in the company.