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Analysts Offer Insights on Technology Companies: Datadog (DDOG) and Docebo (DCBO)

Tipranks - Tue Feb 3, 8:16AM CST

There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Datadog (DDOGResearch Report) and Docebo (DCBOResearch Report) with bullish sentiments.

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Datadog (DDOG)

D.A. Davidson analyst Gil Luria maintained a Buy rating on Datadog today. The company’s shares closed last Friday at $129.32.

According to TipRanks.com, Luria is a 5-star analyst with an average return of 14.0% and a 54.8% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Palantir Technologies, and Blaize Holdings. ;'>

Currently, the analyst consensus on Datadog is a Strong Buy with an average price target of $194.06, which is a 51.6% upside from current levels. In a report issued on January 22, Stifel Nicolaus also upgraded the stock to Buy with a $160.00 price target.

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Docebo (DCBO)

Canaccord Genuity analyst Robert Young maintained a Buy rating on Docebo today and set a price target of $40.00. The company’s shares closed last Friday at $19.66.

Young has an average return of 44.5% when recommending Docebo. ;'>

According to TipRanks.com, Young is ranked #617 out of 12040 analysts.

Docebo has an analyst consensus of Strong Buy, with a price target consensus of $34.27, implying a 74.6% upside from current levels. In a report issued on January 20, Craig-Hallum also maintained a Buy rating on the stock.

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