Shares of Datadog (DDOG) Slide Lower After Analyst Downgrade
Shares in cloud computing company Datadog (DDOG) declined 4% after a downgrade from Stifel Financial Corp. Invest with Confidence: Follow
Datadog Faces Revenue And Margin Headwinds In 2025, Analyst Downgrades Stock
Stifel analyst Brad Reback downgraded Datadog from Buy to Hold and lowered its price target to $140, citing concerns over modest growth despite a contract renewal with OpenAI.
Datadog dips following downgrade to Hold by Stifel
Datadog (DDOG) shares fell 5% during Wednesday market action following a ratings downgrade to Hold from Buy by Stifel. Read more here.
Why Datadog (DDOG) Shares Are Plunging Today
What Happened? Shares of cloud monitoring software company Datadog (NASDAQ:DDOG) fell 6.1% in the afternoon session after Stifel analysts downgraded the stock's rating from Buy to Hold and lowered the price target from $165 to $140.
Datadog stock drops on Stifel downgrade
Datadog Inc . (NASDAQ:DDOG) shares tumbled 5.6% in today's trading session, following a downgrade from analysts at Stifel. The firm shifted its stance on Datadog from "Buy" to "Hold," setting a new price target of $140,
Stifel Downgrades Datadog (DDOG)
Fintel reports that on January 29, 2025, Stifel downgraded their outlook for Datadog (NasdaqGS:DDOG) from Buy to Hold. Analyst Price Forecast Suggests 8.41% Upside As of January 28, 2025, the average one-year price target for Datadog is $164.
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Why Datadog Stock Is Sinking Today
Datadog (NASDAQ: DDOG) stock is losing ground in Wednesday's trading. The company's share price was down 4.9% as of 2:30 p.m.
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