Software Stock Charges Higher on Brokerage Bull Note
Software firm Datadog Inc (NASDAQ:DDOG) is trading 2.8% higher at $121.90, enjoying a lift after being maintained at a "buy" rating at Needham. The brokerage also hiked its price target on DDOG to $140 from $130. Should today's gains hold, the stock will snap a three-day losing streak and chip off some of its year-to-date deficit of 16%.Datadog stock has struggled to maintain any significant gains in 2025, most recently facing off against its 120-day moving average and the $120 level. Shares remain almost 3 ...