Why Datadog Stock Cruised to a More Than 4% Gain Today
A bullish new analyst note was the news item rallying Datadog (NASDAQ: DDOG) stock on hump day. The stock ended the trading session more than 4% higher in price as a result, which looked especially good when placed against the S&P 500 index's marginal decline.Wednesday morning, Bank of America Securities pundit Koji Ikeda flagged Datadog as being the bank's top pick in the observability software segment. To emphasize this he raised his price target on the stock to $150 per share from his previous $138. He also reiterated his existing buy recommendation. Image source: Getty Images.Continue reading
A bullish new analyst note was the news item rallying Datadog (NASDAQ: DDOG) stock on hump day. The stock ended the trading session more than 4% higher in price as a result, which looked especially good when placed against the S&P 500 index's marginal decline.
Wednesday morning, Bank of America Securities pundit Koji Ikeda flagged Datadog as being the bank's top pick in the observability software segment. To emphasize this he raised his price target on the stock to $150 per share from his previous $138. He also reiterated his existing buy recommendation.
Image source: Getty Images.
