JP Morgan Maintains Neutral on Datadog, Lowers Price Target to $90
Portfolio Pulse from richadhand@benzinga.com
JP Morgan analyst Sterling Auty has maintained a Neutral rating on Datadog (NASDAQ:DDOG) and lowered the price target from $100 to $90.
August 09, 2023 | 4:45 pm
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JP Morgan has maintained a Neutral rating on Datadog and lowered the price target from $100 to $90.
The lowering of the price target by JP Morgan, a major financial institution, could potentially lead to a decrease in the stock price of Datadog in the short term as it may cause investors to reassess their valuation of the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100