Raymond James Maintains Outperform on Datadog, Lowers Price Target to $95
Portfolio Pulse from richadhand@benzinga.com
Raymond James analyst Adam Tindle has maintained an 'Outperform' rating on Datadog (NASDAQ:DDOG), but lowered the price target from $100 to $95.
August 09, 2023 | 8:43 am
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Raymond James has maintained an 'Outperform' rating on Datadog but lowered the price target from $100 to $95.
The news is directly related to Datadog. While the 'Outperform' rating suggests that the analyst expects the stock to do better than the market average, the lowering of the price target might indicate a slightly less optimistic outlook than before. This could potentially have a neutral impact on the stock's price in the short term.
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