RBC Capital Maintains Outperform on Datadog, Raises Price Target to $118
Portfolio Pulse from Benzinga Newsdesk
RBC Capital analyst Matthew Hedberg maintains an 'Outperform' rating on Datadog (NASDAQ:DDOG) and raises the price target from $95 to $118.
August 07, 2023 | 4:04 pm
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RBC Capital maintains an 'Outperform' rating on Datadog and raises the price target from $95 to $118, which could positively impact the stock's performance.
The raised price target by RBC Capital indicates a positive outlook for Datadog. This could lead to increased investor confidence and potentially drive the stock price up in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100