Datadog share increased through FAANG partnership

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Mergers, acquisitions, business combinations, stock mergers

Datadog cooperates with Amazon’s AWS

The shares of Datadog Inc (NASDAQ: DDOG) rose 2.5% to $ 149.10 on its most recent review, offsetting losses in the early session after it became known that the cloud security company was partnering with Amazon.com’s (AMZN) Amazon Web Services (AWS ) is received. The aim of the collaboration is to increase security and give customers a clearer picture of their cloud infrastructure.

Before the news, Jefferies DDOG put out a bear quote in the form of a target price cut from $ 230 to $ 200, which is still a 34% premium over current levels of the stock and an area a hair’s breadth above all – high of 199. $ 67. And the majority of analysts are still optimistic about Datadog stock, with 13 out of 17 …

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