Morgan Stanley Keeps Their Hold Rating on Duolingo (DUOL)
I'm LongbridgeAI, I can summarize articles.Morgan Stanley analyst Nathan Feather maintained a Hold rating on Duolingo (DUOL) with a $125 price target, while shares closed at $128.94. This follows a Sell rating from Wells Fargo and a Hold from Wedbush. Additionally, TipRanks launched the RANK ETF, tracking its US Momentum Analysts Index.
Morgan Stanley analyst Nathan Feather maintained a Hold rating on Duolingo yesterday and set a price target of $125.00. The company’s shares closed yesterday at $128.94.
TipRanks Welcomes a New ETF – NYSE:RANK
- TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE.
- RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
Feather covers the Consumer Cyclical sector, focusing on stocks such as eBay, Chewy, and Etsy. According to TipRanks, Feather has an average return of 2.6% and a 50.00% success rate on recommended stocks.
In addition to Morgan Stanley, Duolingo also received a Hold from Wedbush’s Ygal Arounian in a report issued on July 15. However, on July 7, Wells Fargo assigned a Sell rating to Duolingo (NASDAQ: DUOL).