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

October 21, 2021 8:08 AM EDT
Get Alerts MSP Hot Sheet
Price: $24.07 +0.54%

Rating Summary:
    6 Buy, 6 Hold, 0 Sell

Rating Trend: Up Up

Today's Overall Ratings:
    Up: 14 | Down: 15 | New: 62
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(Updated - October 21, 2021 8:08 AM EDT)

Northland Capital Markets analyst Nehal Chokshi initiates coverage on Datto Holding Corp. (NYSE: MSP) with an Outperform rating and a price target of $38.00.

  • Customer interviews & bottoms up analysis adds confidence in provided $28B TAM & durability of 15+% growth opportunity.
  • Strong brand from enabling MSPs with RMM, pureplay MSP focus & security-first mindset combine to drive market share gains.
  • Initiating with an OP rating and 12-month price target of $38.

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 $23.39 yesterday.

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