◆ NeutralDUOL

Why Duolingo Stock Popped Today

The Motley Fool·
Why Duolingo Stock Popped Today

Duolingo stock rose 7.28% following a DA Davidson analyst upgrade from neutral to buy with a price target increase from $130 to $160. Analyst Wyatt Swanson believes monetization risks are already priced in and that the company is nearing an inflection point where bookings growth will accelerate alongside its strong user growth of 23% year-over-year to 58.7 million daily active users.

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