Goldman Sachs expects Nvidia ’beat and raise,’ lifts price target to $240
Investing.com - Citizens JMP analyst reiterated a Market Outperform rating and $95.00 price target on Life360 (NASDAQ:LIF).
The firm maintained its positive outlook on the family safety platform company in a recent research note to investors.
JMP highlighted web-based checkout adoption when signing up to subscribe as a potential driver for margin expansion, drawing parallels to similar developments at other companies.
The analyst specifically mentioned that Duolingo (NASDAQ:DUOL) has been testing a web-based checkout system, with an expectation that Life360 and Grindr (NYSE:GRND) would likely follow a similar approach.
JMP maintains Market Outperform ratings on all three companies, with price targets of $500 for Duolingo , $23 for Grindr , and $95 for Life360.
In other recent news, Duolingo Inc. has been the focus of multiple analyst reports following its annual DuoCon event. Citizens JMP maintained its Market Outperform rating with a $500 price target, noting optimism about Duolingo’s web-based checkout adoption for new subscribers as a potential driver for margin expansion. Evercore ISI also reiterated its Outperform rating, setting a higher price target of $540 and highlighting updates to features like Videocall with Lily and the introduction of a new Chess subject. Raymond James continues to hold a Market Perform rating, emphasizing feature updates such as the integration of Duolingo’s Score system with LinkedIn and improvements to Video Call functionality.
Morgan Stanley reaffirmed its Overweight rating and a $500 price target, expressing confidence in Duolingo’s ability to leverage its scale for competitive advantage. KeyBanc also maintained an Overweight rating with a $460 price target, noting that the updates announced at the event were largely as expected. These developments reflect a consistent interest from analysts in Duolingo’s strategic updates and feature enhancements.
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