Datadog Reaches Analyst Target Price
September 23, 2020 at 08:22 AM EDT
In recent trading, shares of Datadog Inc (DDOG) have crossed above the average analyst 12-month target price of $92.83, changing hands for $93.41/share. When a stock reaches the target an analyst has set, the analyst logically has two ways to react: downgrade on valuation, or, re-adjust their target price to a higher level..