Analysts have been eager to weigh in on the Technology sector with new ratings on Nvidia (NVDA – Research Report), Shopify (SHOP – Research Report) and Datadog (DDOG – Research Report).
Nvidia (NVDA)
Susquehanna analyst Christopher Rolland reiterated a Buy rating on Nvidia today and set a price target of $850.00. The company’s shares closed last Tuesday at $721.28, close to its 52-week high of $746.11.
According to TipRanks.com, Rolland is a top 25 analyst with an average return of
Nvidia has an analyst consensus of Strong Buy, with a price target consensus of $709.73, which is a 0.8% upside from current levels. In a report issued on February 2, Raymond James also reiterated a Buy rating on the stock.
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Shopify (SHOP)
In a report released today, Anthony Chukumba from Loop Capital Markets maintained a Hold rating on Shopify, with a price target of $82.00. The company’s shares closed last Tuesday at $77.18.
According to TipRanks.com, Chukumba is a 5-star analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Shopify with a $81.57 average price target, representing a 4.8% upside. In a report issued on February 1, JMP Securities also maintained a Hold rating on the stock.
Datadog (DDOG)
Loop Capital Markets analyst Yun Kim reiterated a Buy rating on Datadog today and set a price target of $160.00. The company’s shares closed last Tuesday at $131.68, close to its 52-week high of $138.61.
According to TipRanks.com, Kim is a 5-star analyst with an average return of
Datadog has an analyst consensus of Moderate Buy, with a price target consensus of $141.88, representing a 12.2% upside. In a report issued on February 2, Bernstein also maintained a Buy rating on the stock with a $137.00 price target.
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Read More on NVDA:
- Nvidia Stock (NASDAQ:NVDA): Analysts Raise Price Target, Ahead of Q4 Print
- Nvidia price target raised to $825 from $625 at Mizuho
- Beamr (NASDAQ:BMR) Rockets 300% on Partnership with Nvidia
- Notable open interest changes for February 12th
- Morgan Stanley says Nvidia custom AI silicon wouldn’t be negative for Marvell
