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Duolingo Nears a ‘Turning Point’ and It’s Why This Analyst Upgraded the Stock to Buy
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Duolingo stock hasn’t had a good year but that could be changing soon, according to D.A. Davidson. Analyst Wyatt Swanson on Tuesday upgraded the stock to Buy from Neutral with a price target of $160, up from $130. Shares of the company, known primarily for its language-learning mobile application, advanced 3.8% to $135.16 on Tuesday.