Scotiabank analyst Patrick Colville raised the firm’s price target on Datadog (DDOG) to $217 from $150 and keeps an Outperform rating on the shares. The firm notes Q3 results proved the company is “the jewel in DevOps software,” the analyst tells investors. The firm continues to like the company’s drivers of cloud modernizations, share gains, platform expansion, and tailwind from agentic AI workloads.
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