Check Out What Whales Are Doing With DDOG
Portfolio Pulse from Benzinga Insights
Whales, or large investors, have taken a bearish stance on Datadog (NASDAQ:DDOG), with 90% of the investors opening trades with bearish expectations. The major market movers are focusing on a price band between $70.0 and $230.0 for Datadog. The current price of DDOG is $100.5, up by 0.51%. Analysts have proposed an average target price of $108.8, with ratings ranging from Neutral to Overweight.
November 09, 2023 | 5:03 pm
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Large investors have taken a bearish stance on Datadog (NASDAQ:DDOG). The current price of DDOG is $100.5, up by 0.51%. Analysts have proposed an average target price of $108.8, with ratings ranging from Neutral to Overweight.
The bearish stance by large investors indicates a potential downward pressure on the stock price. However, the current price is up and analysts have a mixed view with an average target price higher than the current price, which could create some upward pressure.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100