Evercore upgrades Duolingo to Outperform with $210 price target
Duolingo rose 4.43% premarket after Evercore ISI upgraded it to Outperform from In Line and set a $210 price target, citing 20x 2028 EBITDA and lifting estimates.
Duolingo NASDAQ:DUOL rose 4.43% premarket after Evercore ISI upgraded the language-learning company to Outperform from In Line with a $210 pricetarget, set at 20x 2028 EBITDA and implying more than 40% upside.
The firm lifted its estimates alongside the call, putting 2027 and 2028 earnings per shar…