tiprankstipranks

Datadog price target lowered to $180 from $187 at Barclays

Datadog price target lowered to $180 from $187 at Barclays

Barclays lowered the firm’s price target on Datadog (DDOG) to $180 from $187 and keeps an Overweight rating on the shares. The main discussion point after the Q4 report will be the below-consensus revenue growth guidance, the analyst tells investors in a research note. The firm says that while it suspects some disappointment in the near term, the outlook “sets a beatable bar” for Datadog over the course of 2025, particularly with underlying fundamentals remaining healthy.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Disclaimer & DisclosureReport an Issue