Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Datadog (DDOG – Research Report), GlobalFoundries Inc (GFS – Research Report) and Squarespace (SQSP – Research Report).
Datadog (DDOG)
Bank of America Securities analyst Koji Ikeda reiterated a Hold rating on Datadog yesterday and set a price target of $143.00. The company’s shares closed last Tuesday at $112.40.
According to TipRanks.com, Ikeda is a 5-star analyst with an average return of
Datadog has an analyst consensus of Moderate Buy, with a price target consensus of $147.78, implying a 30.5% upside from current levels. In a report issued on April 24, D.A. Davidson also maintained a Hold rating on the stock.
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GlobalFoundries Inc (GFS)
Bank of America Securities analyst Vivek Arya reiterated a Hold rating on GlobalFoundries Inc yesterday and set a price target of $60.00. The company’s shares closed last Tuesday at $53.26.
According to TipRanks.com, Arya is a top 25 analyst with an average return of
The word on The Street in general, suggests a Moderate Buy analyst consensus rating for GlobalFoundries Inc with a $57.50 average price target, which is a 10.2% upside from current levels. In a report issued on May 3, HSBC also maintained a Hold rating on the stock with a $43.00 price target.
Squarespace (SQSP)
Bank of America Securities analyst Mike McGovern reiterated a Buy rating on Squarespace yesterday and set a price target of $42.00. The company’s shares closed last Tuesday at $36.88, close to its 52-week high of $37.91.
McGovern has an average return of
According to TipRanks.com, McGovern is ranked #5112 out of 8824 analysts.
Currently, the analyst consensus on Squarespace is a Moderate Buy with an average price target of $39.18, representing a 5.3% upside. In a report released yesterday, William Blair also maintained a Buy rating on the stock.
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