JP Morgan Upgrades Datadog to Overweight, Raises Price Target to $115- Report Released on 7th Nov
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Sterling Auty has upgraded Datadog (NASDAQ:DDOG) from Neutral to Overweight and raised the price target from $90 to $115.
November 08, 2023 | 12:43 pm
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Datadog's stock rating has been upgraded to Overweight from Neutral by JP Morgan, with a raised price target of $115 from $90.
The upgrade from JP Morgan, a major financial institution, is a positive signal for Datadog. The raised price target indicates an expectation of stock price increase, which could attract investors and drive up the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100