Raymond James analyst Adam Tindle lowered the firm’s price target on Datadog (DDOG) to $170 from $205 and keeps an Outperform rating on the shares following Q4 results that featured upside to all key metrics and initial 2026 guidance that was just above our the “buyside bogeys.” The firm notes that its target is based on 12-times its 2027 sales estimate, a premium to the 20%-plus software growth group’s high single digit multiple, but a discount to CrowdStrike (CRWD) and Cloudflare (NET).
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