Cantor Fitzgerald raised the firm’s price target on Datadog (DDOG) to $171 from $134 and keeps an Overweight rating on the shares. Datadog appears well-positioned with the AI-native cohort and the firm’s implied analysis highlights a relative conservative setup on core Datadog revenue, the analyst tells investors in a research note.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on DDOG: