Datadog price target raised to $135 from $120 at Stifel

Stifel raised the firm’s price target on Datadog (DDOG) to $135 from $120 and keeps a Hold rating on the shares after having completed the firm’s fourth Datadog customer-survey. Flat growth expectations, less pervasive optimizations, and stable pricing “point to stability within Datadog’s core,” but likely means an acceleration in growth and a rebound in operating margins “could have to wait” until the first half of FY26 as recent sales hires become increasingly productive, the analyst tells investors after the survey.