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Datadog (NASDAQ:DDOG) Reaches New 12-Month High Following Better-Than-Expected Earnings
['Tyrone Williams']
Daily Political
Datadog, Inc. (NASDAQ:DDOG – Get Free Report) shares reached a new 52-week high during trading on Thursday following a stronger than expected earnings report.
Datadog Analyst Price TargetsCitigroup raised its DDOG price target to $305 and reaffirmed a “Buy” rating.
Finally, Raymond James Financial reaffirmed an “outperform” rating and set a $280.00 price target on shares of Datadog in a report on Thursday.
Datadog Stock PerformanceThe stock has a market cap of $83.27 billion, a price-to-earnings ratio of 477.42, a price-to-earnings-growth ratio of 23.23 and a beta of 1.54.
Datadog Company Profile(Get Free Report)Datadog (NASDAQ: DDOG) is a cloud-based monitoring and observability platform that helps organizations monitor, troubleshoot and secure their applications and infrastructure at scale.