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Analysts Are Bullish on These Technology Stocks: Autodesk (ADSK), Epam Systems (EPAM)

There’s a lot to be optimistic about in the Technology sector as 3 analysts just weighed in on Autodesk (ADSKResearch Report), Epam Systems (EPAMResearch Report) and Datadog (DDOGResearch Report) with bullish sentiments.

Autodesk (ADSK)

Stifel Nicolaus analyst Adam Borg maintained a Buy rating on Autodesk yesterday and set a price target of $240.00. The company’s shares closed last Friday at $198.90.

According to TipRanks.com, Borg is a 3-star analyst with an average return of 5.1% and a 58.6% success rate. Borg covers the Technology sector, focusing on stocks such as Procore Technologies, Palo Alto Networks, and Check Point.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Autodesk with a $232.00 average price target, a 15.6% upside from current levels. In a report issued on May 19, Robert W. Baird also maintained a Buy rating on the stock with a $230.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Epam Systems (EPAM)

Stifel Nicolaus analyst David Grossman maintained a Buy rating on Epam Systems yesterday and set a price target of $320.00. The company’s shares closed last Friday at $258.08, close to its 52-week low of $223.65.

According to TipRanks.com, Grossman is a 5-star analyst with an average return of 14.1% and a 62.7% success rate. Grossman covers the Technology sector, focusing on stocks such as International Business Machines, DXC Technology, and Veeva Systems.

Epam Systems has an analyst consensus of Strong Buy, with a price target consensus of $314.50.

Datadog (DDOG)

In a report released yesterday, Brad Reback from Stifel Nicolaus maintained a Buy rating on Datadog, with a price target of $101.00. The company’s shares closed last Friday at $93.16.

According to TipRanks.com, Reback is a 5-star analyst with an average return of 13.4% and a 58.6% success rate. Reback covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, CrowdStrike Holdings, and Tenable Holdings.

Currently, the analyst consensus on Datadog is a Strong Buy with an average price target of $96.00.

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