JPMorgan attributes the 7% rally yesterday in shares of Duolingo (DUOL) to the expansion of video call to Android devices and five new languages, bringing availability to eight languages on iOS devices, and six languages on Android devices. Duolingo also introduced expressive animations, video call transcripts, and the ability for artificial intelligence character) Lily to initiate video calls with learners, the analyst tells investors in a research note. JPMorgan is encouraged by the expanded rollout and capabilities of video call, which it believes will improve the user experience, deepen engagement, and enhance teaching efficacy. It reiterates an Overweight rating on the shares with a $400 price target
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