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Analysts Are Neutral on These Technology Stocks: Lyft (LYFT), Datadog (DDOG)

Analysts fell to the sidelines weighing in on Lyft (LYFTResearch Report) and Datadog (DDOGResearch Report) with neutral ratings, indicating that the experts are neither bullish nor bearish on the stocks.

Lyft (LYFT)

Monness analyst Brian White maintained a Hold rating on Lyft today. The company’s shares closed last Wednesday at $18.10.

According to TipRanks.com, White is a top 100 analyst with an average return of 21.1% and a 67.7% success rate. White covers the Technology sector, focusing on stocks such as Palantir Technologies, Salesforce, and Snowflake.

Lyft has an analyst consensus of Hold, with a price target consensus of $18.07, which is a 3.7% upside from current levels. In a report issued on April 24, Jefferies also maintained a Hold rating on the stock with a $17.50 price target.

See the top stocks recommended by analysts >>

Datadog (DDOG)

Macquarie analyst Frederick Havemeyer reiterated a Hold rating on Datadog yesterday. The company’s shares closed last Wednesday at $115.06.

According to TipRanks.com, Havemeyer is a 1-star analyst with an average return of -4.3% and a 37.9% success rate. Havemeyer covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and Informatica.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Datadog with a $148.12 average price target, implying a 29.8% upside from current levels. In a report issued on April 24, D.A. Davidson also maintained a Hold rating on the stock.

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