Looking At Datadog's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
A whale has taken a bullish stance on Datadog (NASDAQ:DDOG), with 60% of investors opening trades with bullish expectations and 40% with bearish. Whales have been targeting a price range of $94 to $115 for Datadog over the last 3 months. Stifel maintains a Buy rating on Datadog with a price target of $101.
June 07, 2023 | 4:02 pm
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A whale has taken a bullish stance on Datadog, with 60% of investors opening trades with bullish expectations and 40% with bearish. Stifel maintains a Buy rating on Datadog with a price target of $101.
The whale's bullish stance on Datadog, along with the majority of investors having bullish expectations, indicates a positive short-term impact on the stock. Additionally, Stifel's maintained Buy rating and $101 price target further support this positive outlook.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100