Analysts Predict Bullish Trends for Datadog, Palo Alto Networks and Ceva

Analysts at Goldman Sachs and Barclays have expressed bullish sentiments on top technology stocks Datadog (DDOG), Palo Alto Networks (PANW), and Ceva (CEVA). Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Datadog with a $165.00 price target, while Barclays analyst Saket Kalia maintained a Buy rating on Palo Alto Networks with a $210.00 price target. Ceva received a Buy rating from Barclays analyst Tavy Rosner with a $30.00 price target. The analyst consensus on these stocks is a Strong Buy or Moderate Buy with an average price target representing a 23.3% to 28.8% upside.

Analysts at Goldman Sachs and Barclays have expressed bullish sentiments on top technology stocks Datadog (DDOG), Palo Alto Networks (PANW), and Ceva (CEVA). Goldman Sachs analyst Kash Rangan reiterated a Buy rating on Datadog with a $165.00 price target [1]. Meanwhile, Barclays analyst Saket Kalia maintained a Buy rating on Palo Alto Networks with a $210.00 price target [1]. Ceva received a Buy rating from Barclays analyst Tavy Rosner with a $30.00 price target [1]. The analyst consensus on these stocks is a Strong Buy or Moderate Buy with an average price target representing a 23.3% to 28.8% upside.

These ratings come amidst a backdrop of strong financial performance and strategic moves for the companies. Palo Alto Networks, for instance, has seen its stock trading at $168.17, with Evercore ISI reiterating an Outperform rating and a price target of $220.00 ahead of its upcoming earnings report on August 18 [2]. The research firm expects investors to focus primarily on the company's fiscal year 2026 guidance, with less emphasis on the pending CyberArk (CYBR) acquisition.

Goldman Sachs analyst Kash Rangan's optimism for Datadog is based on the company's robust growth and market position. Barclays analyst Saket Kalia's positive outlook on Palo Alto Networks is driven by the company's strong revenue growth and strategic acquisitions. Tavy Rosner's Buy rating for Ceva underscores the company's potential in the semiconductor industry.

The varying analyst sentiments highlight the diverse views on the strategic fit and potential of these companies. While some analysts see significant upside, others have expressed concerns or differing opinions. This underscores the importance of thorough research and consideration of multiple perspectives when making investment decisions.

References:
[1] https://www.investing.com/news/analyst-ratings/goldman-sachs-and-barclays-bullish-on-datadog-palo-alto-networks-and-ceva-93CH-4184578
[2] https://www.investing.com/news/analyst-ratings/palo-alto-networks-stock-rating-reiterated-at-outperform-by-evercore-isi-93CH-4184578