Companies in the Technology sector have received a lot of coverage today as analysts weigh in on BigCommerce Holdings (BIGC – Research Report), Datadog (DDOG – Research Report) and indie Semiconductor (INDI – Research Report).
BigCommerce Holdings (BIGC)
In a report released today, Justin Patterson from KeyBanc maintained a Hold rating on BigCommerce Holdings. The company’s shares closed last Thursday at $6.27.
According to TipRanks.com, Patterson is a 5-star analyst with an average return of 9.2% and a 53.1% success rate. Patterson covers the Technology sector, focusing on stocks such as Uber Technologies, Trade Desk, and PubMatic.
BigCommerce Holdings has an analyst consensus of Hold, with a price target consensus of $8.17, which is a 35.3% upside from current levels. In a report released yesterday, Jefferies also maintained a Hold rating on the stock with a $7.00 price target.
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Datadog (DDOG)
In a report released today, Eric Heath from KeyBanc maintained a Hold rating on Datadog. The company’s shares closed last Thursday at $129.79.
According to TipRanks.com, Heath is a 4-star analyst with an average return of 19.4% and a 79.5% success rate. Heath covers the Technology sector, focusing on stocks such as CrowdStrike Holdings, Palo Alto Networks, and CyberArk Software.
The word on The Street in general, suggests a Strong Buy analyst consensus rating for Datadog with a $147.83 average price target, representing a 16.5% upside. In a report issued on October 28, Monness also maintained a Hold rating on the stock.
indie Semiconductor (INDI)
KeyBanc analyst John Vinh maintained a Buy rating on indie Semiconductor today. The company’s shares closed last Thursday at $3.43, close to its 52-week low of $3.16.
According to TipRanks.com, Vinh is a 5-star analyst with an average return of 21.5% and a 61.9% success rate. Vinh covers the Technology sector, focusing on stocks such as Advanced Micro Devices, Lattice Semiconductor, and Silicon Laboratories.
indie Semiconductor has an analyst consensus of Strong Buy, with a price target consensus of $9.00, representing a 157.1% upside. In a report issued on November 5, Benchmark Co. also reiterated a Buy rating on the stock with a $9.00 price target.
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