Datadog shares are trading higher after Wolfe Research upgraded the stock from Peer Perform to Outperform and announced a $140 price target.
Portfolio Pulse from Benzinga Newsdesk
Datadog's stock has been upgraded from Peer Perform to Outperform by Wolfe Research, which also set a new price target of $140. This has resulted in Datadog shares trading higher.
July 25, 2023 | 2:11 pm
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POSITIVE IMPACT
Datadog's stock has been upgraded by Wolfe Research, leading to an increase in share price. The new price target is $140.
The upgrade from Wolfe Research is a positive signal to investors, indicating increased confidence in the company's performance. This has led to an increase in the share price. The new price target of $140 also suggests potential for further growth.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100