{
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Datadog stock surges on bullish analyst upgrades and positive market sentiment

Datadog's stock surged after UBS analyst Karl Keirstead upgraded it from Neutral to Buy, raising the price target from $120 to $150, indicating an 18% upside. Morgan Stanley's Sanjit Singh also maintained a Buy rating with a target of $137, reflecting strong bullish sentiment. Analysts anticipate growth driven by the AWS/Azure cloud sector, with revenue growth estimates for 2025 and 2026 now projected at 25-30%.
TipRanks Financial
United States Dollar Datadog, Inc. USA Karl Keirstead Sanjit Singh
TradFi, Market Report
16:59 18.10.2024

Datadog stock surges on bullish analyst upgrades and positive market sentiment

Datadog (DDOG) stock surged after UBS analyst Karl Keirstead upgraded it from Neutral to Buy, raising the price target from $120 to $150, indicating an 18% upside. With strong growth projections and a consensus Strong Buy rating from analysts, optimism is high ahead of the Q3 earnings report on November 7.
@Nasdaq
UBS SA Datadog, Inc. Morgan Stanley AWS Azure Holding Group Corp. USA Karl Keirstead Sanjit Singh Show more
TradFi, Market Report
16:57 18.10.2024
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