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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