Duolingo (DUOL) Stock: $120 Price Target And Outperform Rating

By Amit Chowdhry ● Mar 6, 2022
  • The shares of Duolingo Inc (NASDAQ: DUOL) have received a $120 price target from Evercore. These are the details.

The shares of Duolingo Inc (NASDAQ: DUOL) have received a $120 price target from Evercore. And Evercore analyst Mark Mahaney is maintaining an “Outperform” rating on the shares.

Mahaney adjusted the rating after the company’s clean beat and raise quarter and bookings and revenue guidance for Q1 and FY22 that were above the Street that the user growth momentum in his call is now reflected.

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.