Monness, Crespi, Hardt Downgrades Datadog to Sell, Announces $98 Price Target
Portfolio Pulse from Benzinga Newsdesk
Monness, Crespi, Hardt has downgraded Datadog (NASDAQ:DDOG) from Neutral to Sell, with a new price target of $98.
June 14, 2024 | 12:29 pm
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Monness, Crespi, Hardt has downgraded Datadog from Neutral to Sell, with a new price target of $98. This downgrade could negatively impact Datadog's stock price in the short term.
The downgrade from Neutral to Sell by a reputable analyst firm, along with a specific price target of $98, suggests a bearish outlook on Datadog's stock. This is likely to lead to a negative sentiment among investors, potentially causing a short-term decline in the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100