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Analysts Offer Insights on Technology Companies: Draganfly (DPRO) and Duolingo (DUOL)

Tipranks - Wed May 20, 3:56AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Draganfly (DPRO) and Duolingo (DUOL).

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Draganfly (DPRO)

Needham analyst Austin Bohlig reiterated a Buy rating on Draganfly today and set a price target of $12.00. The company’s shares closed last Monday at $5.27, close to its 52-week low of $1.55.

According to TipRanks.com, Bohlig is a 2-star analyst with an average return of 0.6% and a 38.9% success rate. Bohlig covers the Industrial Goods sector, focusing on stocks such as Amprius Technologies Inc, Karman Holdings Inc., and Red Cat Holdings. ;'>

Draganfly has an analyst consensus of Strong Buy, with a price target consensus of $12.25, which is a 127.3% upside from current levels. In a report issued on May 12, Maxim Group also maintained a Buy rating on the stock with a $10.00 price target.

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Duolingo (DUOL)

KeyBanc analyst Justin Patterson maintained a Hold rating on Duolingo today. The company’s shares closed last Monday at $113.24.

According to TipRanks.com, Patterson is a 4-star analyst with an average return of 6.6% and a 45.5% success rate. Patterson covers the NA sector, focusing on stocks such as NerdWallet, Inc. Class A, DoubleVerify Holdings, and IAC/InteractiveCorp. ;'>

Duolingo has an analyst consensus of Hold, with a price target consensus of $105.55, representing a -5.3% downside. In a report issued on May 5, Barclays also maintained a Hold rating on the stock with a $110.00 price target.

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