Barclays lowered the firm’s price target on Duolingo (DUOL) to $110 from $230 and keeps an Equal Weight rating on the shares.
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Read More on DUOL:
- Duolingo downgraded to Neutral from Overweight at JPMorgan
- Duolingo downgraded to Sector Perform from Outperform at Scotiabank
- Duolingo downgraded to In Line from Outperform at Evercore ISI
- Duolingo downgraded to Equal Weight from Overweight at Morgan Stanley
- Duolingo: Buy Rating Reaffirmed as Valuation Disconnects from Long-Term Growth and Cash Flow Potential