tiprankstipranks
Blurbs

Analysts Conflicted on These Technology Names: Datadog (DDOG) and Bentley Systems (BSY)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Datadog (DDOGResearch Report) and Bentley Systems (BSYResearch Report).

Datadog (DDOG)

In a report issued on May 7, Gregg Moskowitz from Mizuho Securities maintained a Hold rating on Datadog, with a price target of $130.00. The company’s shares closed last Thursday at $115.87.

According to TipRanks.com, Moskowitz is a 5-star analyst with an average return of 14.1% and a 59.1% success rate. Moskowitz covers the Technology sector, focusing on stocks such as Palantir Technologies, CrowdStrike Holdings, and Palo Alto Networks.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Datadog with a $148.44 average price target, representing a 25.7% upside. In a report issued on April 24, D.A. Davidson also maintained a Hold rating on the stock.

See the top stocks recommended by analysts >>

Bentley Systems (BSY)

Robert W. Baird analyst Joseph Vruwink maintained a Buy rating on Bentley Systems on May 7 and set a price target of $59.00. The company’s shares closed last Thursday at $55.01, close to its 52-week high of $55.37.

According to TipRanks.com, Vruwink is a 5-star analyst with an average return of 8.7% and a 61.1% success rate. Vruwink covers the Technology sector, focusing on stocks such as Instructure Holdings, Manhattan Associates, and Roper Technologies.

Bentley Systems has an analyst consensus of Strong Buy, with a price target consensus of $60.86, representing an 11.4% upside. In a report issued on May 7, William Blair also maintained a Buy rating on the stock.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Read More on DDOG:

Trending

Name
Price
Price Change
S&P 500
Dow Jones
Nasdaq 100
Bitcoin

Popular Articles