This Cybersecurity Stock Gains Analysts' Favor for Strong Growth
Datadog(DDOG) MarketBeat·2024-07-18 16:22
DDOG 52-Week Range $77.81 Price Target $138.21 Why would one of the world's largest technology companies be willing to pay this much for a startup that isn't that established or deeply entrenched in its industry yet? Because cybersecurity is becoming the most essential thing today. By association, other cybersecurity stocks will be rallying or at least attracting Wall Street attention, with the latest being Datadog Inc. NASDAQ: DDOG. Up to three Wall Street analysts covered the stock in July as a Buy. out t ...