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Analysts Offer Insights on Technology Companies: Duolingo (DUOL), AvePoint (AVPT) and NetApp (NTAP)

Analysts have been eager to weigh in on the Technology sector with new ratings on Duolingo (DUOLResearch Report), AvePoint (AVPTResearch Report) and NetApp (NTAPResearch Report).

Duolingo (DUOL)

Evercore ISI analyst Mark Mahaney reiterated a Buy rating on Duolingo today and set a price target of $120.00. The company’s shares closed last Thursday at $81.29, close to its 52-week low of $64.81.

According to TipRanks.com, Mahaney is a top 100 analyst with an average return of 36.4% and a 56.5% success rate. Mahaney covers the Technology sector, focusing on stocks such as Spotify Technology SA, Zillow Group Class A, and Integral Ad Science.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Duolingo with a $111.80 average price target, implying a 42.8% upside from current levels. In a report issued on March 4, Piper Sandler also maintained a Buy rating on the stock with a $111.00 price target.

See today’s best-performing stocks on TipRanks >>

AvePoint (AVPT)

In a report released today, Kirk Materne from Evercore ISI maintained a Buy rating on AvePoint, with a price target of $8.00. The company’s shares closed last Thursday at $5.31, close to its 52-week low of $4.91.

According to TipRanks.com, Materne is a 5-star analyst with an average return of 12.7% and a 59.8% success rate. Materne covers the Technology sector, focusing on stocks such as CCC Intelligent Solutions Holdings, Qualtrics International, and Tyler Technologies.

AvePoint has an analyst consensus of Strong Buy, with a price target consensus of $9.00, a 76.1% upside from current levels. In a report issued on March 9, Cowen & Co. also maintained a Buy rating on the stock with a $9.00 price target.

NetApp (NTAP)

In a report released today, Amit Daryanani from Evercore ISI maintained a Hold rating on NetApp, with a price target of $85.00. The company’s shares closed last Thursday at $86.41.

According to TipRanks.com, Daryanani is a 5-star analyst with an average return of 11.0% and a 59.6% success rate. Daryanani covers the Technology sector, focusing on stocks such as International Business Machines, Hewlett Packard Enterprise, and Rackspace Technology.

Currently, the analyst consensus on NetApp is a Moderate Buy with an average price target of $99.27.

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