Canaccord lowered the firm’s price target on Datadog (DDOG) to $145 from $150 and keeps a Buy rating on the shares. The firm said Datadog’s Q1 results stood out in what’s been a choppy Q1 earnings season amidst broader macroeconomic uncertainty. Datadog had an unseasonably strong Q1 with broad-based strength in large customer expansions both in and out of the AI-native segment.
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Read More on DDOG:
- Datadog price target lowered to $145 from $151 at Bernstein
- Datadog’s Robust Growth Amid Margin Pressures: A Hold Rating Analysis
- Datadog’s Strong Market Position and AI-Driven Growth Justify Buy Rating and Raised Price Target
- Datadog’s Strong Performance and Growth Potential Justifies Buy Rating Despite Short-term Margin Impact
- Datadog Reports Strong Q1 2025 Revenue Growth
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