# Datadog Shares Jump After CIBC Upgrade

> CIBC boosts Datadog target, sparking 6.7% share surge.
- Title: Datadog Shares Jump After CIBC Upgrade | Shortify
- Summary: CIBC boosts Datadog target, sparking 6.7% share surge. CIBC raised Datadog's price target to $315 from $280, driving shares up 6.7% to $292.06.
- Keywords: datadog, cibc, price target, cloud monitoring, software, application, Shares, Jump, Upgrade, Alphastreet - Earnings Decoded. Market Intelligence Delivered
- Source: Alphastreet - Earnings Decoded. Market Intelligence Delivered — https://news.alphastreet.com/datadog-jumps-6-7-after-cibc-maintains-outperformer
- Author: AlphaStreet Newsdesk
- Published: 2026-10-09T19:36:35+00:00
- Read time: 1 min
- Topics: datadog, cibc, price target, cloud monitoring, software, application
## Datadog Shares Surge
Datadog shares climbed 6.7% to $292.06 Friday as CIBC raised its price target by 12.5%.
## CIBC Boosts Target
CIBC upgraded Datadog to Outperformer, lifting price target from $280 to $315.
## Market Reaction
The move pushed market cap to $104.7B with 2.0M shares traded, signaling renewed Wall Street confidence.
## Key takeaway

CIBC raised Datadog's price target to $315 from $280, driving shares up 6.7% to $292.06.