Citi raised the firm’s price target on Datadog (DDOG) to $170 from $165 and keeps a Buy rating on the shares. The firm updated models in the software space post the Q2 reports.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DDOG:
- Not Enough SaaS – Software as a Service (SaaS) Stocks at Risk of Short-Circuiting in New AI Powered Economy
- Insider Moves: United, Devon, Datadog, Hims & Hers, fuboTV
- Cathie Wood Buys Deere Stock (DE) on Post-Earnings Dip, Builds Stakes in Exact Sciences and Robinhood Stocks
- Datadog’s Robust Growth Trajectory and Strategic Market Positioning Justify Buy Rating
- AI Daily: Meta acquires AI audio startup WaveForms