DUOL has been the subject of a number of analyst reports. Raymond James Financial reaffirmed a "market perform" rating on shares of Duolingo in a research report on Tuesday, August 26th. UBS Group reaffirmed an "overweight" rating on shares of Duolingo in a research report on Thursday, May 22nd. Citigroup assumed coverage on Duolingo in a research note on Monday, August 18th. They set a "buy" rating and a $400.00 target price on the stock. JMP Securities cut their target price on Duolingo from $475.00 to $450.00 and set a "market outperform" rating on the stock in a research note on Monday, July 28th. Finally, Morgan Stanley increased their target price on Duolingo from $480.00 to $500.00 and gave the company an "overweight" rating in a research note on Thursday, August 7th. Thirteen research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock.