Morgan Stanley Cuts Duolingo (DUOL) PT to $245, Cites Tactical Caution Toward Upcoming Earnings

Duolingo Inc. (NASDAQ:DUOL) is one of the best IPO stocks to buy right now. On February 3, Morgan Stanley reduced its price target for Duolingo to $245 from $275 while maintaining an Overweight rating. As this sentiment was posted, the firm expressed tactical caution regarding the upcoming earnings report. The firm also suggested that a focus on user growth may result in initial fiscal year 2026 bookings guidance falling below Street estimates. Despite this, Morgan Stanley noted that daily active user gr ...