There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Duolingo (DUOL – Research Report) and Consensus Cloud Solutions (CCSI – Research Report) with bullish sentiments.
Duolingo (DUOL)
JMP Securities analyst Andrew Boone reiterated a Buy rating on Duolingo today and set a price target of $128.00. The company’s shares closed last Friday at $67.70, close to its 52-week low of $60.50.
According to TipRanks.com, Boone has currently 0 stars on a ranking scale of 0-5 stars, with an average return of
Duolingo has an analyst consensus of Strong Buy, with a price target consensus of $112.83, a 58.7% upside from current levels. In a report issued on November 8, Raymond James also resumed coverage with a Buy rating on the stock with a $111.00 price target.
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Consensus Cloud Solutions (CCSI)
In a report issued on November 18, Joe Goodwin from JMP Securities maintained a Buy rating on Consensus Cloud Solutions, with a price target of $70.00. The company’s shares closed last Friday at $62.22, close to its 52-week high of $65.68.
According to TipRanks.com, Goodwin is a 1-star analyst with an average return of
Consensus Cloud Solutions has an analyst consensus of Moderate Buy, with a price target consensus of $70.00.
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