Datadog Jumps; FedEx Upgraded; Synopsys Gains
On this episode of Stock Movers:- Software company Datadog (DDOG) will be added to the S&P 500 index next week, replacing Juniper Networks Inc. after its recent acquisition by Hewlett Packard Enterprise Co. - FedEx (FDX) is double-upgraded to outperform at BNP Paribas Exane, with the broker saying the stock is “arguably oversold,” expecting the firm’s relative operational outperformance vs. rival UPS to continue. UPS is meanwhile upgraded to neutral from underperform.- Synopsys (SNPS) and Cadence Design both gain 6.1% in premarket trading after the US lifted export license…
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