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Analysts Conflicted on These Technology Names: Shutterstock (SSTK) and Datadog (DDOG)

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

Shutterstock (SSTK)

JMP Securities analyst Andrew Boone reiterated a Buy rating on Shutterstock today and set a price target of $125.00. The company’s shares closed last Thursday at $86.25.

According to TipRanks.com, Boone is currently ranked with 0 stars on a 0-5 stars ranking scale, with an average return of -9.7% and a 33.3% success rate. Boone covers the Technology sector, focusing on stocks such as DoubleVerify Holdings, Fiverr International, and Uber Technologies.

Shutterstock has an analyst consensus of Moderate Buy, with a price target consensus of $135.00, which is a 48.0% upside from current levels. In a report released today, Needham also maintained a Buy rating on the stock with a $145.00 price target.

See Insiders’ Hot Stocks on TipRanks >>

Datadog (DDOG)

In a report released today, Patrick Walravens from JMP Securities maintained a Hold rating on Datadog. The company’s shares closed last Thursday at $177.14.

According to TipRanks.com, Walravens is a 5-star analyst with an average return of 19.9% and a 60.2% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Coupa Software, and WM Technology.

Currently, the analyst consensus on Datadog is a Strong Buy with an average price target of $202.00.

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