Salesforce and Duolingo Face Analyst Scrutiny as Price Targets Clash
Analysts have been weighing in on two technology companies: Salesforce (CRM) and Duolingo (DUOL).
Salesforce, for example, has a Moderate Buy analyst consensus rating with an average price target of $267.75, representing a 5.3% upside from its current price.
This view is echoed by Phillip Securities analyst Paul Chew, who maintained a Hold rating on Salesforce and set a price target of $243.00.
Duolingo, on the other hand, has an analyst consensus of Hold, with a price target consensus of $137.69, a -4.8% downside from current levels.
The company's shares have been trading close to its 52-week low of $145.05, but D.A. Davidson analyst Wyatt Swanson is optimistic about the stock's prospects.