BUZZ-<a href="https://laohu8.com/S/DUOL">Duolingo</a> falls after Jefferies cuts price target on user growth slowdown** Shares of the language learning platform Duolingo <DUOL.O> fall about 2% to $322.24
** Jefferies cut price target on stock to $325 from $400, citing continued slowdown in user growth and concerns over the company’s long-term growth trajectory
** Says daily active users on the app grew 25% in September, down from 42% growth in June
** Brokerage notes slight pickup in the second half of September, driven by new viral social media content
** Average rating of 27 analysts is "buy"; median PT is $437.50 — data compiled by LSEG
** Stock up 14.4% in last 12 months, including session's move
(Reporting by Sanskriti Shekhar)
((Sanskriti.Shekhar@thomsonreuters.com))
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