Analyst Andrew Nowinski raised his rating on the provider of cloud observability and security software to Overweight from Equal Weight.
In the most recent trading session, Datadog (DDOG) closed at $119.91, indicating a -0.15% shift from the previous trading day.
The average brokerage recommendation (ABR) for Datadog (DDOG) is equivalent to a Buy. The overly optimistic recommendations of Wall Street analysts make the effectiveness of this highly sought-after metric questionable. So, is it worth buying the stock?