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Analysts’ Top Technology Picks: Datadog (DDOG), SailPoint, Inc. (SAIL)

Tipranks - Thu Jun 11, 6:20AM CDT

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Datadog (DDOG), SailPoint, Inc. (SAIL) and Lyft (LYFT) with bullish sentiments.

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Datadog (DDOG)

In a report released today, Kingsley Crane from Canaccord Genuity reiterated a Buy rating on Datadog, with a price target of $250.00. The company’s shares closed last Tuesday at $227.34.

According to TipRanks.com, Crane is a 4-star analyst with an average return of 9.9% and a 50.9% success rate. Crane covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, CrowdStrike Holdings, and Alarum Technologies. ;'>

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Datadog with a $226.88 average price target, which is a -1.5% downside from current levels. In a report issued on June 1, J.P. Morgan also initiated coverage with a Buy rating on the stock.

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SailPoint, Inc. (SAIL)

Morgan Stanley analyst Meta Marshall maintained a Buy rating on SailPoint, Inc. yesterday and set a price target of $18.00. The company’s shares closed last Tuesday at $15.66.

According to TipRanks.com, Marshall is a 4-star analyst with an average return of 4.5% and a 54.5% success rate. Marshall covers the Technology sector, focusing on stocks such as Keysight Technologies, CrowdStrike Holdings, and Palo Alto Networks. ;'>

Currently, the analyst consensus on SailPoint, Inc. is a Strong Buy with an average price target of $19.41, implying a 26.7% upside from current levels. In a report issued on May 25, Roth MKM also initiated coverage with a Buy rating on the stock with a $19.00 price target.

Lyft (LYFT)

Guggenheim analyst Taylor Manley maintained a Buy rating on Lyft today and set a price target of $22.00. The company’s shares closed last Tuesday at $13.87.

According to TipRanks.com, Manley is ranked #11391 out of 12296 analysts.

Currently, the analyst consensus on Lyft is a Moderate Buy with an average price target of $19.29, a 37.4% upside from current levels. In a report issued on June 5, TipRanks – DeepSeek also upgraded the stock to Buy with a $16.00 price target.

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