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Analysts Offer Insights on Technology Companies: Affirm Holdings (AFRM), CyberArk Software (CYBR) and Datadog (DDOG)

Analysts have been eager to weigh in on the Technology sector with new ratings on Affirm Holdings (AFRMResearch Report), CyberArk Software (CYBRResearch Report) and Datadog (DDOGResearch Report).

Affirm Holdings (AFRM)

In a report released today, Reginald Smith from J.P. Morgan maintained a Hold rating on Affirm Holdings, with a price target of $41.00. The company’s shares closed last Thursday at $49.22, close to its 52-week high of $52.48.

According to TipRanks.com, Smith is a 1-star analyst with an average return of -1.2% and a 44.9% success rate. Smith covers the Financial sector, focusing on stocks such as Marathon Digital Holdings, Bread Financial Holdings, and SoFi Technologies.

Currently, the analyst consensus on Affirm Holdings is a Hold with an average price target of $35.77, representing a -21.8% downside. In a report issued on February 2, Deutsche Bank also maintained a Hold rating on the stock with a $35.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

CyberArk Software (CYBR)

Needham analyst Alex Henderson maintained a Buy rating on CyberArk Software today and set a price target of $310.00. The company’s shares closed last Thursday at $261.60, close to its 52-week high of $274.73.

According to TipRanks.com, Henderson is a 5-star analyst with an average return of 16.8% and a 58.1% success rate. Henderson covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Lumentum Holdings, and Luna Innovations.

Currently, the analyst consensus on CyberArk Software is a Strong Buy with an average price target of $276.83, implying a 2.1% upside from current levels. In a report issued on January 29, Wells Fargo also maintained a Buy rating on the stock with a $275.00 price target.

Datadog (DDOG)

In a report released yesterday, Mark Murphy from J.P. Morgan maintained a Buy rating on Datadog, with a price target of $115.00. The company’s shares closed last Thursday at $131.45, close to its 52-week high of $137.93.

According to TipRanks.com, Murphy is a 5-star analyst with an average return of 13.4% and a 63.1% success rate. Murphy covers the Technology sector, focusing on stocks such as Zoom Video Communications, DoubleVerify Holdings, and Salesforce.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Datadog with a $138.38 average price target, implying an 8.0% upside from current levels. In a report issued on January 24, BMO Capital also maintained a Buy rating on the stock with a $140.00 price target.

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