Duolingo's stock gets a boost with a "Moderate Buy" recommendation and strong Q1 earnings.

Duolingo, a language learning app, received a "Moderate Buy" recommendation from analysts, with a target price of $443.53. The company exceeded earnings expectations, reporting an EPS of $0.72 and revenue of $230.74 million, a 37.6% increase year-over-year. Duolingo's market capitalization is $18.69 billion. Joel Isaacson & Co. LLC also increased its stake in Duolingo by 33.7% in the first quarter.