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Analysts Offer Insights on Technology Companies: Uber Technologies (UBER), Datadog (DDOG) and InnovAge Holding (INNV)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Uber Technologies (UBERResearch Report), Datadog (DDOGResearch Report) and InnovAge Holding (INNVResearch Report).

Uber Technologies (UBER)

Barclays analyst Ross Sandler maintained a Buy rating on Uber Technologies on February 10 and set a price target of $52.00. The company’s shares closed last Friday at $35.29, close to its 52-week low of $32.81.

According to TipRanks.com, Sandler is a 5-star analyst with an average return of 13.5% and a 62.3% success rate. Sandler covers the Technology sector, focusing on stocks such as NerdWallet, Inc. Class A, Robinhood Markets, and Alphabet Class A.

Uber Technologies has an analyst consensus of Strong Buy, with a price target consensus of $62.75, representing a 65.3% upside. In a report issued on January 26, Needham also reiterated a Buy rating on the stock with a $75.00 price target.

See the top stocks recommended by analysts >>

Datadog (DDOG)

Barclays analyst Raimo Lenschow maintained a Buy rating on Datadog on February 10 and set a price target of $210.00. The company’s shares closed last Friday at $167.40.

According to TipRanks.com, Lenschow is a 5-star analyst with an average return of 19.6% and a 64.1% success rate. Lenschow covers the Technology sector, focusing on stocks such as The Descartes Systems Group, Qualtrics International, and ZoomInfo Technologies.

The word on The Street in general, suggests a Strong Buy analyst consensus rating for Datadog with a $216.27 average price target, a 22.6% upside from current levels. In a report issued on February 6, RBC Capital also maintained a Buy rating on the stock with a $210.00 price target.

InnovAge Holding (INNV)

In a report issued on February 10, Sarah James from Barclays maintained a Hold rating on InnovAge Holding, with a price target of $6.00. The company’s shares closed last Friday at $5.02, close to its 52-week low of $3.46.

According to TipRanks.com, James is a 5-star analyst with an average return of 13.9% and a 71.3% success rate. James covers the Healthcare sector, focusing on stocks such as Surgery Partners, Universal Health, and Tenet Healthcare.

Currently, the analyst consensus on InnovAge Holding is a Hold with an average price target of $5.83, a 27.9% upside from current levels. In a report issued on February 10, J.P. Morgan also maintained a Hold rating on the stock with a $5.00 price target.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

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