Three brokers raised their price targets on DDOG on Friday, making it the day's standout name. Needham lifted its target to $225 from $155. Mizuho went to $220 from $145. Rosenblatt moved to $220 from $178. All three kept Buy ratings. The moves follow a strong earnings report from the cloud monitoring firm. Datadog carries a $47.5bn market cap and short interest of just 4.1% of free float.
MCHP drew two separate upgrades to its target. Needham made the boldest call, raising its target to $120 from $84 — a 43% jump. Rosenblatt also lifted its target to $120 from $115. Both analysts kept Buy ratings on the chipmaker.
In aerospace, HWM got a target hike from BTIG to $300 from $275, as the company's strong execution in engine components continues to win over the Street. Howmet now commands a $102bn market cap.
The lone notable cut came in ad tech. Rosenblatt trimmed its target on TTD to $24 from $25, keeping a Hold — a muted call that reflects lingering concerns about The Trade Desk's ad spend outlook.
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