RBC Capital Cuts Price Targets on Arm Holdings and Datadog
RBC Capital lowered its Arm Holdings target to $300 from $340 and its Datadog target to $270 from $320, keeping Outperform ratings on both stocks.
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what happened
Dow Jones Newswires, citing Benzinga ratings data, reports that RBC Capital cut its price target on Arm Holdings shares to $300 from $340. The Outperform rating on the stock was maintained.
In a separate update, the same bank lowered its Datadog price target from $320 to $270, while also keeping its Outperform rating unchanged.
why it matters
Price target revisions reflect one analyst's assessment rather than any decision by the companies themselves. For the broader market they are mainly a signal about individual technology stocks and rarely move prices noticeably on their own.
tags
instruments
sources
- Arm Holdings Price Target Cut to $300.00/Share From $340.00 by RBC Capital — Dow Jones Newswires, 5 November 2026 at 18:31 UTC
- Datadog Price Target Cut to $270.00/Share From $320.00 by RBC Capital — Dow Jones Newswires, 5 November 2026 at 19:04 UTC
- Fastly Price Target Cut to $19.00/Share From $25.00 by RBC Capital — Dow Jones Newswires, 5 November 2026 at 19:34 UTC
- Figma Price Target Cut to $24.00/Share From $28.00 by RBC Capital — Dow Jones Newswires, 5 November 2026 at 19:36 UTC
- HubSpot Price Target Cut to $260.00/Share From $300.00 by RBC Capital — Dow Jones Newswires, 5 November 2026 at 19:39 UTC
- Affirm Holdings Price Target Cut to $83.00/Share From $96.00 by RBC Capital — Dow Jones Newswires, 6 November 2026 at 17:45 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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