JPMorgan Chase & Co. Trims Kahoot! ASA (OTCMKTS:KHOTF) Target Price to 37.00

Kahoot! ASA (OTCMKTS:KHOTFGet Rating) had its target price reduced by JPMorgan Chase & Co. from 40.00 to 37.00 in a research note released on Tuesday morning, The Fly reports. They currently have an overweight rating on the stock.

A number of other analysts have also recently commented on KHOTF. Kepler Capital Markets cut Kahoot! ASA from a buy rating to a hold rating in a research report on Monday, February 28th. DNB Markets raised Kahoot! ASA from a hold rating to a buy rating and set a $41.00 price objective on the stock in a research report on Monday, February 21st. Finally, The Goldman Sachs Group initiated coverage on Kahoot! ASA in a research report on Thursday, January 20th. They issued a buy rating on the stock. One analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of Buy and a consensus target price of $39.00.

KHOTF opened at $2.19 on Tuesday. Kahoot! ASA has a 12 month low of $2.19 and a 12 month high of $9.50. The business’s 50-day moving average price is $2.95 and its 200-day moving average price is $4.22.

About Kahoot! ASA (Get Rating)

Kahoot! ASA operates a game-based learning platform in the United States, Canada, Europe, the Asia Pacific, the Latin America and the Caribbean, Africa, the Middle East, and India. The company's platforms help to create, share, and host learning sessions. It offers Kahoot! Learning platform for learning and engagement services; employee engagement and learning platforms, such as Actimo and Motimate; Drops, a language learning app for visuals and play; Kahoot! DragonBox app for math learning; and Kahoot! Poio Read app, which empowers children to learn to read through play.

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