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Datadog price target lowered to $165 from $170 at Citi

Datadog price target lowered to $165 from $170 at Citi

Citi lowered the firm’s price target on Datadog (DDOG) to $165 from $170 and keeps a Buy rating on the shares following the Q4 report. The firm expects “legitimate debate” on Datadog’s artificial intelligence-natives contribution risk muting aggregate growth and adding to stock volatility. It believes the company’s outlook is likely to pressure the shares.

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