This Is What Whales Are Betting On Datadog
Portfolio Pulse from Benzinga Insights
A whale investor has taken a bullish stance on Datadog (NASDAQ:DDOG), with 54% of investors opening trades with bullish expectations and 45% with bearish. The whale has been targeting a price range from $65.0 to $105.0 for Datadog over the last 3 months. Piper Sandler upgraded its action to Overweight with a price target of $115, while UBS and B of A Securities downgraded their actions to Neutral with price targets of $100 and $105 respectively.
October 16, 2023 | 6:01 pm
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Whale investor has taken a bullish stance on Datadog, with a target price range of $65-$105. Analysts have mixed ratings.
The bullish stance of a whale investor, along with the mixed analyst ratings, indicates potential positive short-term impact on Datadog's stock. However, the bearish expectations of 45% of investors could introduce some volatility.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100