DUOL is trading at $99.75 (-5.47%) following a price target cut from Goldman Sachs amid concerns over AI competition.
- Goldman Sachs lowered its price target to $100 from $105 with a Neutral rating, citing risks from AI chatbots and growth headwinds ahead of the company's upcoming earnings.
- The decline is company-specific, significantly outperforming the broader market's mild weakness as the NASDAQ fell only 0.35% during the session.