This Is What Whales Are Betting On Datadog
Portfolio Pulse from Benzinga Insights
A significant investor has taken a bearish stance on Datadog (NASDAQ:DDOG), with 66% of the spotted trades being bearish. The whales have been targeting a price range from $55.0 to $175.0 for Datadog over the last 3 months. The price of DDOG is up 3.77% at $112.62. Oppenheimer has maintained their Outperform rating on Datadog, with a price target of $120.
July 17, 2023 | 5:32 pm
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A significant investor has taken a bearish stance on Datadog. The price of DDOG is up 3.77% at $112.62. Oppenheimer has maintained their Outperform rating on Datadog, with a price target of $120.
The bearish stance taken by a significant investor indicates a potential downward pressure on the stock. However, the stock is currently up and Oppenheimer has maintained an Outperform rating, which could counteract some of the bearish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100