Salesforce and Duolingo Receive Mixed Analyst Views as Tech Sector Continues to Evolve

Analysts have been weighing in on two technology companies, Salesforce (CRM) and Duolingo (DUOL). According to TipRanks.com, Phillip Securities analyst Paul Chew maintained a Hold rating on Salesforce with a price target of $243.00. The company's shares closed last Monday at $257.54.

Chew is a 5-star analyst with an average return of 19.9% and a 66.7% success rate, covering the Technology sector. A Hold rating means there are no strong buy or sell signals from Chew on Salesforce. The word on The Street suggests a Moderate Buy analyst consensus rating for Salesforce with a $267.75 average price target, representing a 5.3% upside.

In contrast, Duolingo (DUOL) has received a more optimistic assessment from analysts. D.A. Davidson analyst Wyatt Swanson reiterated a Buy rating on Duolingo today and set a price target of $175.00. The company's shares closed last Monday at $148.36, close to its 52-week low of $145.05.

Swanson is a 3-star analyst with an average return of 5.3% and a 38.2% success rate, covering the NA sector. Duolingo has an analyst consensus of Hold, but Swanson's upgraded rating to Buy suggests that some analysts believe in the company's potential.