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Datadog price target raised to $185 from $160 at Canaccord

Canaccord raised the firm’s price target on Datadog (DDOG) to $185 from $160 and keeps a Buy rating on the shares. The firm updated its model ahead of Q3 results and said with strong execution, a rule-of-55+ profile, and rising AI tailwinds, they continue to view Datadog as a core holding into the print.

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