BAC Stock: Bank of America Raises Duolingo’s Price Target Ahead of Earnings, Forecasting Continued Growth – SpeaksLY

Bank of America has raised Duolingo’s price target ahead of their upcoming earnings report. The bank is forecasting continued growth for the language-learning app. Duolingo has been gaining popularity among users, leading to increased revenue and a positive outlook for the company. Bank of America’s confidence in Duolingo’s potential for growth is reflected in their decision to raise the price target. Investors will be eagerly awaiting the earnings report to see if Duolingo can meet or exceed expectations. The language-learning app has been a standout performer in the tech sector, and Bank of America’s endorsement further solidifies its position as a promising investment opportunity.