William Blair initiated coverage on shares of Datadog (NASDAQ:DDOG) in a research note issued to investors on Monday morning, BenzingaRatingsTable reports. The firm issued an outperform rating on the stock.
Several other research firms have also issued reports on DDOG. Morgan Stanley started coverage on shares of Datadog in a report on Monday. They issued an equal weight rating and a $39.00 target price for the company. Goldman Sachs Group started coverage on shares of Datadog in a report on Monday. They issued a neutral rating and a $33.00 target price for the company. Finally, Royal Bank of Canada started coverage on shares of Datadog in a report on Monday. They issued a sector perform rating and a $39.00 target price for the company. Six analysts have rated the stock with a hold rating and five have given a buy rating to the company. Datadog presently has an average rating of Hold and a consensus price target of $40.00.
Datadog stock opened at $33.70 on Monday. Datadog has a 12-month low of $30.01 and a 12-month high of $41.44.
Datadog Company Profile
Datadog, Inc provides monitoring and analytics platform for developers, information technology operations teams, and business users in the cloud in North America and internationally. Its SaaS platform integrates and automates infrastructure monitoring, application performance monitoring, and log management to provide real-time observability of customers technology stack.
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