There’s a lot to be optimistic about in the Technology sector as 2 analysts just weighed in on Datadog (DDOG – Research Report) and Tyler Technologies (TYL – Research Report) with bullish sentiments.
Datadog (DDOG)
Oppenheimer analyst Ittai Kidron maintained a Buy rating on Datadog today and set a price target of $160.00. The company’s shares closed last Thursday at $131.84, close to its 52-week high of $138.61.
According to TipRanks.com, Kidron is a top 100 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Datadog with a $147.15 average price target, representing a 7.9% 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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Tyler Technologies (TYL)
Oppenheimer analyst Kenneth Wong maintained a Buy rating on Tyler Technologies today and set a price target of $480.00. The company’s shares closed last Thursday at $441.11, close to its 52-week high of $454.74.
According to TipRanks.com, Wong is a 5-star analyst with an average return of
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Tyler Technologies with a $491.27 average price target, a 16.1% upside from current levels. In a report issued on February 7, Robert W. Baird also maintained a Buy rating on the stock with a $486.00 price target.
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