Citi Reiterates Buy Rating on Datadog (DDOG)
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Stifel Reiterates Buy Rating on Datadog (DDOG)
July 17, 2024 11:28 AM EDTStifel analyst Brad Reback reiterated a Buy rating and $140.00 price target on Datadog (NASDAQ: DDOG)
The analyst comments "Wednesday morning, prior to the open, Reuters reported that GitLab is potentially exploring a sale after attracting acquisition interest. The news story highlighted that... More
Wolfe Research Reiterates Outperform Rating on GitLab Inc (GTLB)
July 17, 2024 11:27 AM EDTWolfe Research analyst Allan Verkhovski reiterated an Outperform rating and $56.00 price target on GitLab Inc (NASDAQ: GTLB)
The analyst comments "What Happened? Early Wednesday morning, Reuters reported that GTLB was working with investment bankers on a sale process after receiving acquisition interest and that DDOG was a potential acquirer (GTLB +12% and DDOG -5% pre-market). The news comes just three weeks after initial M&A speculation began when GTLB filed an 8-K... More
GitLab (GTLB) stock surges on report it's exploring a sale
July 17, 2024 6:58 AM EDTGitLab Inc (NASDAQ: GTLB) shares have surged more than 15% premarket Wednesday after a report from Reuters said it is exploring a sale after attracting acquisition interest.
The publication, citing people familiar with the matter, said the U.S. provider of cloud-based software development tools whose investors include Google parent Alphabet, is working with investment bankers on a sale process.
GitLab, which has a vaue of around &8 billion, is... More
GitLab Inc (GTLB) Working With Investment Bankers to Explore a Sale - Reuters
July 17, 2024 6:12 AM EDT(Updated - July 17, 2024 6:23 AM EDT)
GitLab Inc (NASDAQ: GTLB) Working With Investment Bankers to Explore a Sale - Reuters
Gitlab is exploring a sale after attracting acquisition interest.The company is working with investment bankers... MoreDatadog (DDOG) PT Raised to $155 at Mizuho, Upgraded to Outperform
July 16, 2024 5:36 AM EDTMizuho analyst Gregg Moskowitz raised the price target on Datadog (NASDAQ: DDOG) to $155.00 (from $135.00) while upgrading to a Outperform rating (from Neutral)
The analyst comments "We believe DDOG appears to be solidifying its position as a clear leader in the observability... More
Datadog (DDOG) can become consistent compounder - Evercore ISI
July 15, 2024 6:20 AM EDTEvercore ISI initiated coverage of Datadog, Inc. (NASDAQ: DDOG) with an Outperform rating and a $150 price target in a note Monday.
After two years of steady performance, Evercore ISI analysts believe DataDog "has matured to a point (and grown into its valuation) so that it can become a more consistent compounder over the next 12-24 months."
The analysts at Evercore ISI highlight five key points supporting their bullish outlook:
Potential... More
Evercore ISI Starts Datadog (DDOG) at Outperform
July 15, 2024 5:00 AM EDTEvercore ISI analyst Kirk Materne initiates coverage on Datadog (NASDAQ: DDOG) with a Outperform rating and a price target of $150.00.
The analyst comments "Launching coverage with Outperform rating and $150 price target. After treading water for two years, we believe DDOG has... More
