Reported about 12 hours ago
Analyst Gil Luria from DA Davidson has raised the price target for Datadog (DDOG) to $170, up from $160, maintaining a Buy rating. This adjustment follows the company's strong quarterly performance highlighted by impressive growth driven by AI activities, alongside normal growth from other segments. Datadog's sales outlook for September significantly exceeds expectations, reflecting an improved overall growth trajectory, while the firm continues to invest in promising product areas.
Source: YAHOO