Datadog (DDOG) Initiated with a Hold at Monness


Datadog (DDOG) received a Hold rating from Monness analyst Brian White today. The company’s shares closed last Friday at $89.09.

According to TipRanks.com, White is a top 25 analyst with an average return of 30.0% and a 77.2% success rate. White covers the Technology sector, focusing on stocks such as Spotify Technology SA, Slack Technologies, and Alphabet Class A.

Currently, the analyst consensus on Datadog is a Moderate Buy with an average price target of $103.64, which is a 15.6% upside from current levels. In a report issued on November 10, Oppenheimer also assigned a Hold rating to the stock.

See today’s analyst top recommended stocks >>

The company has a one-year high of $118.13 and a one-year low of $28.88. Currently, Datadog has an average volume of 4.92M.

TipRanks has tracked 36,000 company insiders and found that a few of them are better than others when it comes to timing their transactions. See which 3 stocks are most likely to make moves following their insider activities.

Datadog, Inc. engages in the development of monitoring and analytics platform for developers, information technology operations teams and business users. Its platform integrates and automates infrastructure monitoring, application performance monitoring and log management to provide real-time observability of its customers’ entire technology stack. The company was founded by Olivier Pomel and Alexis Lê-Quôc on June 4, 2010 and is headquartered in New York, NY.

Read More on DDOG:

Stay Ahead of Everyone Else

Get The Latest Stock News Alerts