Morgan Stanley Maintains Overweight on Datadog, Lowers Price Target to $100
Portfolio Pulse from Benzinga Newsdesk
Morgan Stanley analyst Sanjit Singh has maintained an Overweight rating on Datadog (NASDAQ:DDOG) but lowered the price target from $105 to $100.
August 09, 2023 | 12:44 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Morgan Stanley has maintained an Overweight rating on Datadog but lowered the price target from $105 to $100.
The news is directly about Datadog and is likely to impact its stock price. While the Overweight rating suggests that Morgan Stanley expects the stock to outperform, the lowering of the price target may create some negative sentiment among investors.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100