Morgan Stanley analyst Nathan Feather initiated coverage of Duolingo (DUOL) with an Overweight rating and $435 price target Duolingo has the “rare combination” of rapid user growth, strong and expanding margins, and clear generative artificial intelligence upside, the analyst tells investors in a research note. The firm says that with a “durable, multi-faceted growth algorithm,” it sees a “long runway” for over 20% growth. Morgan Stanley believes the early Max “green shoots” put its $530 “bull case into play.”
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DUOL:
- Duolingo’s Strong Growth Offset by Premium Valuation and Macroeconomic Concerns: Hold Rating Maintained
- Duolingo price target lowered to $360 from $410 at JPMorgan
- JPMorgan ‘incrementally positive’ on Duolingo after user survey
- Duolingo’s Strong Market Position and Growth Potential: Buy Rating with $410 Price Target by 2025
- Duolingo price target raised to $410 from $400 at DA Davidson