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Analysts Have Conflicting Sentiments on These Technology Companies: Advanced Micro Devices (AMD) and Datadog (DDOG)

Tipranks - Tue Apr 7, 5:54AM CDT

Analysts have been eager to weigh in on the Technology sector with new ratings on Advanced Micro Devices (AMD) and Datadog (DDOG).

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Advanced Micro Devices (AMD)

Citi analyst Atif Malik maintained a Hold rating on Advanced Micro Devices on April 2 and set a price target of $248.00. The company’s shares closed last Thursday at $217.50.

According to TipRanks.com, Malik is a top 25 analyst with an average return of 38.7% and a 73.8% success rate. Malik covers the Technology sector, focusing on stocks such as Keysight Technologies, Silicon Laboratories, and GlobalFoundries Inc. ;'>

Advanced Micro Devices has an analyst consensus of Moderate Buy, with a price target consensus of $284.68.

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Datadog (DDOG)

Bernstein analyst Peter Weed maintained a Buy rating on Datadog today and set a price target of $180.00. The company’s shares closed last Thursday at $120.36.

According to TipRanks.com, Weed is a 3-star analyst with an average return of 1.7% and a 50.0% success rate. Weed covers the Technology sector, focusing on stocks such as Zoom Video Communications, CrowdStrike Holdings, and Palo Alto Networks. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Datadog with a $184.70 average price target, implying a 57.5% upside from current levels. In a report issued on March 28, TipRanks – PerPlexity also upgraded the stock to Buy with a $127.00 price target.

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