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