Datadog Inc. will be added to the S&P 500 index, replacing Juniper Networks, which is being acquired by Hewlett Packard Enterprise. This change will take effect before the market opens on July 9, 2025. Following the announcement, Datadog's stock surged more than 10% in after-hours trading, reaching around $146. Barclays has maintained an 'Overweight' rating on Datadog and raised its price target to $170 from $128, reflecting a 32.81% increase. Meanwhile, Barclays upgraded Dollar Tree Inc. to 'Overweight' from 'Equalweight,' raising its price target to $150 from $115, citing a cleaner growth story post-Family Dollar sale and strong momentum in the first half of 2025. Barclays also downgraded Target Corp. to 'Underweight' from 'Equalweight,' maintaining a price target of $91.
Just in: Barclays upgrades $DLTR to Overweight from Equal Weight, raising the price target to $120. The firm sees Dollar Tree benefiting from consumer trade-down trends accelerating in the second half of 2025.
Barclays Upgrades $DLTR to Overweight from Equalweight, Raises PT to $150 from $115 Barclays Downgrades $TGT to Underweight from Equalweight, Maintains PT at $91.00
Barclays Maintains โOverweightโ on $DDOG Datadog, Raises Price Target to $170.00 from $128.00 โ Increase of 32.81%