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Analysts Conflicted on These Technology Names: Datadog (DDOG) and Toast Inc (TOST)

Analysts have been eager to weigh in on the Technology sector with new ratings on Datadog (DDOGResearch Report) and Toast Inc (TOSTResearch Report).

Datadog (DDOG)

In a report released today, Gil Luria from D.A. Davidson maintained a Hold rating on Datadog. The company’s shares closed last Tuesday at $126.44, close to its 52-week high of $138.61.

According to TipRanks.com, Luria is a 5-star analyst with an average return of 14.1% and a 54.4% success rate. Luria covers the Technology sector, focusing on stocks such as SoundHound AI, Inc Class A, Palantir Technologies, and ZoomInfo Technologies.

Datadog has an analyst consensus of Moderate Buy, with a price target consensus of $148.44.

See the top stocks recommended by analysts >>

Toast Inc (TOST)

In a report released today, Peter Heckmann from D.A. Davidson maintained a Buy rating on Toast Inc, with a price target of $27.00. The company’s shares closed last Tuesday at $23.19.

According to TipRanks.com, Heckmann is a 5-star analyst with an average return of 8.5% and a 60.0% success rate. Heckmann covers the Technology sector, focusing on stocks such as Broadridge Financial Solutions, Clearwater Analytics Holdings, and SS&C Technologies Holdings.

Currently, the analyst consensus on Toast Inc is a Moderate Buy with an average price target of $24.28, implying an 8.5% upside from current levels. In a report issued on April 15, Robert W. Baird also maintained a Buy rating on the stock with a $28.00 price target.

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