Sycomore Asset Management cut its Duolingo stake, yet analysts remain bullish with higher price targets.

Sycomore Asset Management reduced its stake in Duolingo by 15.1%, selling 7,027 shares, while other investors like Dragoneer Investment Group and International Assets Investment Management have increased their positions. Duolingo insiders have also sold shares recently. Analysts have raised their price targets, with an average target of $314.73, reflecting positive sentiment despite a mixed market performance.

November 14, 2024
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