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DNB Markets Downgrades Kahoot! ASA (OTCMKTS:KHOTF) to Sell

Defense World ·  Aug 14, 2022 14:51

Kahoot! ASA (OTCMKTS:KHOTF – Get Rating) was downgraded by equities research analysts at DNB Markets from a "hold" rating to a "sell" rating in a note issued to investors on Friday, The Fly reports.

Several other research firms have also commented on KHOTF. Nordea Equity Research lowered shares of Kahoot! ASA from a "buy" rating to a "hold" rating in a research note on Thursday, May 5th. JPMorgan Chase & Co. lowered their target price on shares of Kahoot! ASA from 40.00 to 37.00 and set an "overweight" rating for the company in a research note on Tuesday, May 3rd. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, Kahoot! ASA has a consensus rating of "Hold" and a consensus price target of $39.00.

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Kahoot! ASA Stock Up 4.9 %

OTCMKTS KHOTF opened at $2.97 on Friday. The company has a fifty day moving average of $2.11 and a two-hundred day moving average of $2.66. Kahoot! ASA has a 52 week low of $1.70 and a 52 week high of $8.76.

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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