MarketBeat reports that 23 firms covering Duolingo, Inc. (DUOL) maintain an average Hold rating. The current breakdown includes 17 hold ratings. Analysts also issued four buy ratings. Two sell ratings complete the consensus. Analysts set the average 12-month price target for the stock at approximately $206.32.
Several major brokers recently lowered their price targets for DUOL. Morgan Stanley reduced its target to $100 from $245. Barclays lowered its price target to $110 from $230. DA Davidson revised its target down to $85. These revisions reflect growing concerns among key financial institutions.