Datadog Soars 5% as BofA Lifts Price Target to $335 Ahead of Q3 Earnings

Key TakeawaysDatadog shares rose 5% today after BofA raised its price target to $335 from $305 and kept its Buy rating. The rise follows Thursday’s 4% drop, which came after a report that Datadog had offered nearly $4 billion for cloud security startup Upwind.