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Analysts Offer Insights on Technology Companies: Plexus (PLXS), Pinterest (PINS) and Datadog (DDOG)

Analysts have been eager to weigh in on the Technology sector with new ratings on Plexus (PLXSResearch Report), Pinterest (PINSResearch Report) and Datadog (DDOGResearch Report).

Plexus (PLXS)

In a report issued on May 1, Matthew Sheerin from Stifel Nicolaus maintained a Hold rating on Plexus, with a price target of $90.00. The company’s shares closed last Tuesday at $87.12.

According to TipRanks.com, Sheerin is a 5-star analyst with an average return of 14.1% and a 67.3% success rate. Sheerin covers the Technology sector, focusing on stocks such as Vishay Intertechnology, TD SYNNEX Corporation, and Insight Enterprises.

Currently, the analyst consensus on Plexus is a Strong Buy with an average price target of $102.50.

See Insiders’ Hot Stocks on TipRanks >>

Pinterest (PINS)

Stifel Nicolaus analyst Mark Kelley maintained a Hold rating on Pinterest on May 1 and set a price target of $22.00. The company’s shares closed last Tuesday at $21.37.

According to TipRanks.com, Kelley is a top 100 analyst with an average return of 36.3% and a 78.2% success rate. Kelley covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Integral Ad Science, and Alphabet Class A.

Pinterest has an analyst consensus of Moderate Buy, with a price target consensus of $28.29, a 29.7% upside from current levels. In a report issued on April 20, Bernstein also maintained a Hold rating on the stock with a $28.00 price target.

Datadog (DDOG)

Stifel Nicolaus analyst Brad Reback maintained a Buy rating on Datadog on May 1 and set a price target of $80.00. The company’s shares closed last Tuesday at $64.04, close to its 52-week low of $61.34.

According to TipRanks.com, Reback is a 5-star analyst with an average return of 12.1% and a 56.0% success rate. Reback covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, CrowdStrike Holdings, and Tenable Holdings.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Datadog with a $98.29 average price target, a 51.2% upside from current levels. In a report issued on April 17, Mizuho Securities also maintained a Buy rating on the stock with a $80.00 price target.

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