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Datadog price target lowered to $155 from $162 at Scotiabank

Datadog price target lowered to $155 from $162 at Scotiabank

Scotiabank lowered the firm’s price target on Datadog (DDOG) to $155 from $162 and keeps an Outperform rating on the shares. While Q4 results “nicely outperformed” top- and bottom-line expectations, the company’s 2025 outlook coming in below consensus is weighing on shares, the analyst tells investors. The firm would still be buyers of the shares on its weakness since nothing has fundamentally changed to the company’s story.

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