News Formal

This software stock can rally more than 30% after a post-earnings retreat, TD Cowen says

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Indonesia Berita Berita

Indonesia Berita Terbaru,Indonesia Berita utama

Cowen initiated coverage at outperform and set a price target implying a 32.9% upside.

Datadog is a strong company at an attractive entry point following a recent pullback, according to TD Cowen. Analyst Andrew Sherman initiated coverage of the software stock at outperform. His $120 price target implies shares could rally 32.9% in the next year. "We think DDOG is a rare breed given its platform breadth, R & D engine, GTM approach, and mgmt team," he said in a note to clients Thursday, using acronyms for research and development and go-to-market.

mountain Datadog vs. the Nasdaq Composite, year to date — CNBC's Michael Bloom contributed to this report

 

Terima kasih atas komentar Anda. Komentar Anda akan dipublikasikan setelah ditinjau.
Berita ini telah kami rangkum agar Anda dapat membacanya dengan cepat. Jika Anda tertarik dengan beritanya, Anda dapat membaca teks lengkapnya di sini. Baca lebih lajut:

 /  🏆 12. in İD

Indonesia Berita Terbaru, Indonesia Berita utama

Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.

Farfetch stock tanks more than 30% after luxury fashion company misses quarterly revenue expectationsShars of Farfetch Ltd. dropped more than 30% in the extended session Thursday after the luxury fashion company reported lower-than-expected sales for its...
Sumber: MarketWatch - 🏆 3. / 97 Baca lebih lajut »