Why Datadog Shares Are Rising
Shares of software companies, including Datadog Inc (NASDAQ: DDOG), are trading higher in sympathy with PagerDuty Inc (NASDAQ: PD) which gained following a strong thir
Why Datadog Shares Are Rising Today
Datadog Inc (NASDAQ: DDOG) is trading higher after multiple analysts maintained bullish ratings on the stock and raised their price targets. The company last week reported better-than-expected third-quarter financial results.
Where Datadog Stands With Analysts
Datadog (NASDAQ:DDOG) has observed the following analyst ratings within the last quarter:
Morgan Stanley Maintains Overweight on Datadog, Raises Price Target to $200
Morgan Stanley maintains Datadog (NASDAQ:DDOG) with a Overweight and raises the price target from $164 to $200.
Barclays Maintains Overweight on Datadog, Raises Price Target to $225
Barclays analyst Raimo Lenschow maintains Datadog (NASDAQ:DDOG) with a Overweight and raises the price target from $180 to $225.
Needham Maintains Buy on Datadog, Raises Price Target to $236
Needham analyst Jack Andrews maintains Datadog (NASDAQ:DDOG) with a Buy and raises the price target from $173 to $236.
64 Stocks Moving In Friday’s Mid-Day Session
Gainers
Mainz Biomed B.V. (NASDAQ: MYNZ) shares climbed 198.4% to $14.92. Mainz Biomed priced its initial public offering of 2 million ordinary shares at $5, the middle of the estimated price range of $4-$6, for raising gross proceeds of $10 million.
Expert Ratings For Datadog
Datadog (NASDAQ:DDOG) has observed the following analyst ratings within the last quarter:
Mizuho Maintains Buy on Datadog, Raises Price Target to $225
Mizuho analyst Gregg Moskowitz maintains Datadog (NASDAQ:DDOG) with a Buy and raises the price target from $170 to $225.