Datadog Stock Just Jumped 9.8%; The Next Test Comes This Week
Datadog shares closed out the holiday-shortened week with a sharp Friday rally, rising 9.8% to $247.35 after RBC Capital’s Matthew Hedberg lifted his price target to $250 from $219 and kept a Buy rating. The stock gained about 11.3% over the four trading sessions from May 22 to May 29, based on closing prices.