UPDATE: RBC Capital Starts Datto Holding Corp. (MSP) at Outperform

(updating comment)

RBC Capital analyst Matthew Hedberg initiates coverage on Datto Holding Corp. (NYSE: MSP) with a Outperform rating and a price target of $39.00.

The analyst comments "We see Datto's mission as to develop and sell enterprise-grade technology through a growing network of MSPs to an even larger pool of SMB customers. Over time, their unique relationship with MSPs could allow them to sell even more products to both MSPs and SMBs, especially in a post-COVID world."

For an analyst ratings summary and ratings history on Datto Holding Corp. click here. For more ratings news on Datto Holding Corp. click here.

Shares of Datto Holding Corp. closed at $32.72 yesterday.

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