Analysts’ Opinions Are Mixed on These Technology Stocks: Duolingo (DUOL) and Ouster (OUST)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Duolingo (DUOL – Research Report) and Ouster (OUST – Research Report).
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Duolingo (DUOL)
In a report released yesterday, Bryan Smilek from J.P. Morgan maintained a Hold rating on Duolingo, with a price target of $95.00. The company’s shares closed last Monday at $100.42.
According to TipRanks.com, Smilek ‘s ranking currently consits of 0 on a 0-5 ranking scale, with an average return of
Currently, the analyst consensus on Duolingo is a Hold with an average price target of $118.57, which is a 17.6% upside from current levels. In a report issued on February 26, Evercore ISI also downgraded the stock to Hold with a $114.00 price target.
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Ouster (OUST)
Cantor Fitzgerald analyst Andres Sheppard reiterated a Buy rating on Ouster yesterday. The company’s shares closed last Monday at $20.55.
According to TipRanks.com, Sheppard is a 4-star analyst with an average return of
Ouster has an analyst consensus of Strong Buy, with a price target consensus of $38.75, representing a 95.7% upside. In a report issued on March 3, Rosenblatt Securities also maintained a Buy rating on the stock with a $40.00 price target.
