Analysts Are Bullish on These Technology Stocks: Datadog (DDOG), Dynatrace (DT)
There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Datadog (DDOG – Research Report), Dynatrace (DT – Research Report) and Sequans Communications S A (SQNS – Research Report) with bullish sentiments.
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Datadog (DDOG)
Morgan Stanley analyst Sanjit Singh reiterated a Buy rating on Datadog yesterday. The company’s shares closed last Tuesday at $129.67.
According to TipRanks.com, Singh is a 3-star analyst with an average return of
Datadog has an analyst consensus of Strong Buy, with a price target consensus of $181.26, representing a 46.0% upside. In a report released yesterday, TipRanks – PerPlexity also upgraded the stock to Buy with a $127.00 price target.
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Dynatrace (DT)
In a report released yesterday, Ryan MacWilliams from Wells Fargo maintained a Buy rating on Dynatrace, with a price target of $50.00. The company’s shares closed last Tuesday at $36.80.
According to TipRanks.com, MacWilliams is a 4-star analyst with an average return of
Currently, the analyst consensus on Dynatrace is a Strong Buy with an average price target of $50.32, implying a 39.3% upside from current levels. In a report issued on January 30, TipRanks – Google also reiterated a Buy rating on the stock with a $46.00 price target.
Sequans Communications S A (SQNS)
In a report released yesterday, Scott Searle from Roth MKM maintained a Buy rating on Sequans Communications S A, with a price target of $20.00. The company’s shares closed last Tuesday at $3.50.
According to TipRanks.com, Searle is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Sequans Communications S A with a $14.50 average price target, implying a 311.9% upside from current levels. In a report released yesterday, Lake Street also maintained a Buy rating on the stock with a $18.00 price target.
