Credit Suisse Reiterates Outperform on Datadog, Maintains $125 Price Target
Portfolio Pulse from richadhand@benzinga.com
Credit Suisse analyst Fred Lee has reiterated an 'Outperform' rating on Datadog (NASDAQ:DDOG) and maintained a price target of $125.

August 09, 2023 | 1:21 pm
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Credit Suisse has reiterated an 'Outperform' rating on Datadog and maintained a price target of $125.
The reiteration of an 'Outperform' rating by a major financial institution like Credit Suisse is a positive signal for Datadog. The maintained price target of $125 also indicates that the analyst believes the stock has potential for growth. This could lead to increased investor confidence and a potential rise in the stock's price in the short term.
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IMPORTANCE 80
RELEVANCE 100