Analysts Conflicted on These Technology Names: Datadog (DDOG) and Klaviyo, Inc. Class A (KVYO)
Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Datadog (DDOG – Research Report) and Klaviyo, Inc. Class A (KVYO – Research Report).
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Datadog (DDOG)
In a report released today, Brad Reback from Stifel Nicolaus maintained a Hold rating on Datadog, with a price target of $125.00. The company's shares closed last Friday at $105.00, close to its 52-week low of $98.30.
According to TipRanks.com, Reback is a 5-star analyst with an average return of 10.3% and a 53.5% success rate. Reback covers the Technology sector, focusing on stocks such as DigitalOcean Holdings, Roper Technologies, and Dayforce Inc. ;'>
Currently, the analyst consensus on Datadog is a Strong Buy with an average price target of $145.65.
Klaviyo, Inc. Class A (KVYO)
Benchmark Co. analyst Mark Zgutowicz reiterated a Buy rating on Klaviyo, Inc. Class A today and set a price target of $43.00. The company's shares closed last Friday at $32.83.
According to TipRanks.com, Zgutowicz is a 5-star analyst with an average return of 15.8% and a 52.5% success rate. Zgutowicz covers the NA sector, focusing on stocks such as Getty Images Holdings, Integral Ad Science, and Meta Platforms. ;'>
Currently, the analyst consensus on Klaviyo, Inc. Class A is a Strong Buy with an average price target of $46.89, representing a 45.8% upside. In a report issued on April 21, Barclays also maintained a Buy rating on the stock with a $35.00 price target.
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