Summary
JPMorgan listed Duolingo as its best idea in online education ahead of the Pittsburgh-based tech firm's first-quarter earnings report in May. The bank reiterated an overweight investment rating on Duol Lingo, along with a 12-month price target of $270, implying the stock could rally another 39% from Wednesday's Duolingo went public in the summer of 2021 at an IPO price of $102 in an offering led by Goldman Sachs and Allen & Co. Duolino went public at an initial IPO price.
