** Duolingo's DUOL.O shares up 9.3% premarket to $437.10 after language learning app's raised 2025 forecasts please
** DUOL shares on course for 9th straight day of gains and near record high levels hit in Feb
** Pittsburgh, Pennsylvania-based firm late Thurs projected Q2 rev of $238.5-$241.5 mln, topping LSEG estimate of $233.8 mln
** For 2025, it sees rev of $987-$996 mln, up from prior forecast of $962.5-$978.5 mln, and raised its adj core profit as co employs tools to make its AI models more efficient
** JP Morgan hiked its PT from $360 to $500, in a tie for Street-high, per LSEG
** Remain bullish on DUOL's GenAI innovation, potential 2H daily active user growth re-acceleration, deepening Max monetization - JPM
** UBS raised its PT from $400 to $500, and points to co's expected roll out of Chess courses in coming weeks, which should add "another strong lever to the non-language learning segment"
** 14 of 23 brokerages rate DUOL "strong buy" or "buy", rest "hold"; median PT of $403 up from $370 on Feb 2, according to latest LSEG data
** Through Thurs close, stock up 23% YTD
(Lance Tupper is a Reuters market analyst. The views expressed are his own)
((lance.tupper@tr.com 1-646-279-6380))
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