Jefferies analyst Brent Thill maintained a Buy rating on Datadog (DDOG – Research Report) today and set a price target of $155.00. The company’s shares closed last Friday at $129.51.
According to TipRanks, Thill is an analyst with an average return of -1.8% and a 45.87% success rate. Thill covers the Technology sector, focusing on stocks such as Salesforce, Adobe, and Palantir Technologies.
Datadog has an analyst consensus of Moderate Buy, with a price target consensus of $146.00, a 12.73% upside from current levels. In a report released on February 22, Canaccord Genuity also maintained a Buy rating on the stock with a $150.00 price target.
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The company has a one-year high of $138.61 and a one-year low of $62.60. Currently, Datadog has an average volume of 4.34M.
Based on the recent corporate insider activity of 146 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of DDOG in relation to earlier this year.
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Datadog (DDOG) Company Description:
Founded in 2010, Datadog, Inc. provides a monitoring and analytics platform for developers, information technology operations teams and business users, through an SaaS-based data analytics platform.
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