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Analysts’ Opinions Are Mixed on These Technology Stocks: Qualcomm (QCOM) and Datadog (DDOG)

Companies in the Technology sector have received a lot of coverage today as analysts weigh in on Qualcomm (QCOMResearch Report) and Datadog (DDOGResearch Report).

Qualcomm (QCOM)

Tigress Financial analyst Ivan Feinseth reiterated a Buy rating on Qualcomm today and set a price target of $238.00. The company’s shares closed last Thursday at $141.70.

According to TipRanks.com, Feinseth is a 5-star analyst with an average return of 13.4% and a 60.9% success rate. Feinseth covers the Technology sector, focusing on stocks such as International Business Machines, Dolby Laboratories, and Alphabet Class A.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for Qualcomm with a $191.94 average price target, a 30.6% upside from current levels. In a report issued on April 25, Canaccord Genuity also reiterated a Buy rating on the stock with a $250.00 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 $108.54.

According to TipRanks.com, Walravens is a 5-star analyst with an average return of 12.1% and a 51.3% success rate. Walravens covers the Technology sector, focusing on stocks such as Zoom Video Communications, Qualtrics International, and ZoomInfo Technologies.

Currently, the analyst consensus on Datadog is a Moderate Buy with an average price target of $187.00, which is a 58.5% upside from current levels. In a report released today, Robert W. Baird also maintained a Hold rating on the stock with a $135.00 price target.

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