JPMorgan raised the firm's price target on Duolingo to $275 from $270 and keeps an Overweight rating on the shares. The firm says there's no change to its bull thesis after the company's Q1 earnings. Duolingo remains its best idea across the online education sector. The company is operating well as the Q1 results exceeded guidance across all key metrics and the company raised its 2024 outlook, the analyst tells investors in a research note.